# Avery Dennison acquires TexTrace

Avery Dennison acquired TexTrace AG, a Swiss developer of woven and knitted RFID products for garments, from Jakob Müller Holding.

- Type: Acquisition
- Announced: 2022-02-01
- Where: Frick, Switzerland, Switzerland
- Status: completed
- Products: woven and knitted RFID products, digital ID labels
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Avery Dennison](https://endata.com/companies/1691.md) (acquirer)
- [TexTrace](https://endata.com/companies/60741.md) (target)

## Sources

- [just-style.com](https://www.just-style.com/news/avery-dennison-acquires-rfid-specialist-textrace/), 2022-02-01: "Avery Dennison Corporation has acquired TexTrace AG, a technology developer that specialises in custom-made woven and knitted RFID products"

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