Company type | Naamloze vennootschap |
---|---|
FWB: SM7 | |
Industry | Electronics |
Founded | 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]