Avery Dennison to acquire Smartrac’s RFID Inlay business

Enhancing capabilities for rapidly growing intelligent labels platform

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Avery Dennison to acquire Smartrac's RFID Inlay business
Avery Dennison to acquire Smartrac's RFID Inlay business

Avery Dennison Corporation recently announced a definitive agreement to acquire Smartrac’s Transponder (RFID Inlay) Division, for the purchase price of €225 million, subject to certain closing and post-closing adjustments. The division is a leader in the development and manufacture of RFID products, with 2019 estimated global revenue of approximately €125…

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