Smartrac (original) (raw)
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Smartrac N.V.
Company type | Naamloze vennootschap |
Traded as | FWB: SM7 |
Industry | Electronics |
Founded | 2000 (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]
- ^ "Company Presentation" (PDF). Smartrac. Retrieved 7 July 2014.
- ^ "SMARTRAC N.V. plans IPO in July". Retrieved 2008-03-24.
- ^ "SMARTRAC ships 10th million ePassport inlay and is the world's largest supplier for electronic passports". Retrieved 2009-03-24.
- ^ "STOCKS NEWS EUROPE-Smartrac set to soar on takeover bid". Reuters. 30 August 2010. Archived from the original on July 24, 2012. Retrieved 23 November 2010.
- ^ "Stratec steigt in den TecDax auf" (in German). ARD. 17 November 2010. Archived from the original on 16 July 2011. Retrieved 23 November 2010.
- ^ "Avery Dennison completes acquisition of Smartrac's RFID Transponder business | Avery Dennison | RFID".