Fedrigoni Group announced today its investment in a majority share of Tageos. The company is a global market leader in the design and manufacturing of RFID inlays and tags, headquartered in Montpellier (France) with further offices, sales, R&D and operations in Germany, the U.S., Hong Kong and China.
“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.” – stated our CEO Marco Nespolo.
The acquisition will bring new opportunities for the Paper division, particularly in the luxury packaging segment, where companies are increasingly looking for solutions to protect their brands, verify authenticity and prevent counterfeiting, especially in light of the exponential growth of e-commerce.