# FENTEC Group formed by merger of ToP Tunniste and Fentec Partners

Finnish RFID technology companies ToP Tunniste Ltd and Fentec Partners united their forces, with shares transferred to the newly founded FENTEC Group Ltd on July 3, 2020. Pikespo Invest Oy Ltd also became an owner.

- Type: Acquisition
- Announced: 2020-07-03
- Where: Finland
- Status: completed
- Products: RFID solutions, smart spaces, automatic identification systems
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [FENTEC Group](https://endata.com/companies/49209.md)
- [Pikespo Invest](https://endata.com/companies/41249.md) (investor)
- [ToP Tunniste](https://endata.com/companies/49210.md) (target)
- [Fentec Partners](https://endata.com/companies/49211.md) (target)

## Sources

- [fentec.fi](https://fentec.fi/fentec-group-unites-two-strong-rfid-companies/), 2020-08-10: "The shares of both companies have been transferred to recently founded FENTEC Group Ltd. on 3.7.2020."

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