Fedrigoni Enters RFID and Smart Labels Markets with Tageos Acquisition
The Fedrigoni Group has announced its investment in a majority share of Tageos, a designer and manufacturer of RFID inlays and tags. Tageos is headquartered in Montpellier, France, with further offices, sales, R&D, and operations in Germany, the U.S., Hong Kong, and China.
“Tageos is a company with excellent growth prospects which operates in a sector that is definitely interesting for us, with a technology and customer base that is very complementary to ours,” said Marco Nespolo, CEO of the Fedrigoni Group. “Thanks to this acquisition, we are entering the ‘smart label’ market, pursuing our strategy of continuously widening our offer in all the most attractive and promising adjacent segments.”