(FCI: Versailles, France) -- FCI recently acquired Smartag, a specialized player in radio frequency identification (RFID) tags manufacturing. This acquisition will allow the group to strengthen its RFID offerings in a very dynamic market. Trierenberg Holding AG and Delfortgroup AG, the former owners, were advised by Société Générale Corp. and Investment Banking on the disposal of Smartag, and HSBC advised FCI.

Located in Singapore, Smartag develops RFID tags for focused applications such as library management, cosmetics, pharmaceutical, etc. FCI is already a reference supplier of RFID antennas. With Smartag, the group will better serve its customers by offering solutions from antennas design to tag manufacturing for certain high-engineering assets-tracking applications.The new entity, FCI Smartag, will be positioned as a leader in promising market niches.

”Our plan is to bring them full technical and operating support. They have shown significant growth in the past year, and in the coming years we want to boost this growth by leveraging their synergy with FCI,” points out Jérôme Duhirel, corporate vice president and general manager of FCI microconnections division.

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