# Avery Dennison to acquire Smartrac's RFID inlay business for €225M

Avery Dennison Corp. agreed to acquire Smartrac's Transponder (RFID Inlay) division for €225 million (approx. $248 million).

- Type: Acquisition
- Announced: 2019-11-20
- Where: Netherlands
- Value: $248.0M (225.0M EUR)
- Status: announced
- Products: RFID inlays
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Avery Dennison](https://endata.com/companies/1691.md) (acquirer)
- [Smartrac](https://endata.com/companies/43889.md) (target)

## Sources

- [adhesivesmag.com](https://www.adhesivesmag.com/articles/topic/2641-mergers-acquisitions?page=35), 2019-12-12: "Avery Dennison Corp. recently announced a definitive agreement to acquire Smartrac’s Transponder (RFID Inlay) division for the purchase price of €225 million (approximately $248 million)."
- [innov8chem.com](https://www.innov8chem.com/2019/), 2019-12-20: "Avery Dennison Corporation has announced a definitive agreement to acquire Smartrac’s Transponder (RFID Inlay) Division for €225 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.