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Smartrac N.V.
Company type Naamloze vennootschap
FWBSM7
Industry Electronics
Founded2000 (2000)
Headquarters Amsterdam, Netherlands
Key people
Christian Uhl ( CEO and chairman of the management board), Bernd Fahrholz ( Chairman of the supervisory board)
Products RFID inlays and tags for biometric passports, bank cards, driving licences and contactless smart cards
Revenue€ 272 million (2014) [1]
Number of employees
3,600 (end 2010)
Website [1]

Smartrac N.V. is a Dutch manufacturer of high security RFID inlays. [2] It is the world's largest supplier of inlays for ePassports. [3] Since 2006, its shares are listed on the Frankfurt Stock Exchange.

The JPMorgan-owned private equity firm One Equity Partners agreed to the leveraged buyout of Smartrac on 30 August 2010, [4] resulting in the removal of the company from the TecDAX index on 19 November 2010. [5]

In November 2019, Smartrac Technology Group announced a binding agreement with Avery Dennison Corporation to sell its RFID transponder business. The acquisition was completed in March 2020. [6]

References

  1. ^ "Company Presentation" (PDF). Smartrac. Retrieved 7 July 2014.
  2. ^ "SMARTRAC N.V. plans IPO in July". Retrieved 2008-03-24.
  3. ^ "SMARTRAC ships 10th million ePassport inlay and is the world's largest supplier for electronic passports". Retrieved 2009-03-24.
  4. ^ "STOCKS NEWS EUROPE-Smartrac set to soar on takeover bid". Reuters. 30 August 2010. Retrieved 23 November 2010.
  5. ^ "Stratec steigt in den TecDax auf" (in German). ARD. 17 November 2010. Archived from the original on 16 July 2011. Retrieved 23 November 2010.
  6. ^ "Avery Dennison completes acquisition of Smartrac's RFID Transponder business | Avery Dennison | RFID".

External links