Follow us: Luxe Packaging Insight – news & innovations on the luxury packaging market

With Tageos acquisition, Fedrigoni enters “smart label” market

Alissa Demorest

Related topics :

, ,
Be the first to react

Comment

With Tageos acquisition, Fedrigoni enters “smart label” market

Special papers manufacturer Fedrigoni Group has taken a majority share in French company Tageos, a supplier of RFID inlays and tags. This marks the Italian player’s diversification into connected solutions, while reinforcing its offer in the self-adhesives market.

“Thanks to this acquisition, Fedrigoni is entering the ‘smart label’ market. […] The fast-growing demand for innovative, high-quality RAIN RFID and NFC inlays, which enable businesses to digitize their product offerings, has led to a greater need for expansion,” remarked Marco Nespolo, CEO of the Fedrigoni Group, in a statement. “Tageos offers a technology and customer base that is highly complementary to our own.”

The Italian group’s purchase of a majority share of the French RFID supplier, announced earlier this week, brings added value specifically to Fedrigoni’s Paper division, which includes its luxury packaging business, due to the technology’s potential in anti-counterfeiting and brand protection, especially in the context of the high-growth e-commerce channel.

With its new investor, Tageos aims to boost its production capacity and enlarge is international reach. Fedrigoni has the option of acquiring of the remaining shares of the company.

The deal comes one month after Fedrigoni bolstered its premium self-adhesives business with the purchase of Divipa, a Spain-based supplier of self-adhesive materials. 

Editor's picks

Fedrigoni snaps up Zuber Rieder, continuing acquisition spree

Interview

Fedrigoni snaps up Zuber Rieder, continuing acquisition spree

In line with its focus on the luxury labels market, Italian paper and labels group Fedrigoni, owned by private-equity player Bain, has purchased independent French label paper manufacturer Zuber Rieder. Fedrigoni CEO Marco Nespolo tells Luxe[…]

11/17/2022 | M&ACorporate strategy
Autajon Group enters South Korea with Pacific Package acquisition

Autajon Group enters South Korea with Pacific Package acquisition

How Guala Closures' future UK site fits with its premiumization strategy

How Guala Closures' future UK site fits with its premiumization strategy

Positive changes at Technicaps

Advertorial

Positive changes at Technicaps

More articles