Smartrac

Smartrac N.V.
TypeNaamloze vennootschap
FWB: SM7
IndustryElectronics
Founded2000 (2000)
HeadquartersAmsterdam, Netherlands
Key people
Christian Uhl (CEO and chairman of the management board), Bernd Fahrholz (Chairman of the supervisory board)
ProductsRFID 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. Archived from the original on October 15, 2012. 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".
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