Beontag announces acquisition of Confidex, a global company focused on RFID and wireless IoT solutions
Beontag (Sao Paolo, Brazil), a global company specialising in graphic & label materials and RFID technology solutions, announces the acquisition of Confidex (Tampere, Finland), one of the world’s leading providers of RFID, NFC and BLE solutions for industries, logistics and mobility.
This acquisition, following those of Lab-ID (Italy), Digital Tags (France), Temera (Italy), and Stora Enso’s Ecotag technology, is another step in Beontag’s accelerated growth process. It reinforces its presence in the digital transformation value chain of multiple sectors as a provider of a wide range of products and technologies. The merger aims at strengthening Confidex’s global presence and helps it to develop more localised services.
As a pioneer in the RFID industry since 2005 and with operations in Finland, China, France, The Netherlands and the USA, Confidex has become the trusted partner for mobility, logistics and industrial companies. The company is the number one global supplier of industrial-grade RAIN RFID tags and labels, as well as contactless RFID tickets and labels for mobility, with over 120 fare and toll collection operators as customer base. When serving customers in these business-critical processes, the highest standards of quality, innovation and consistent supply are reported to be the backbones of Confidex operations. In becoming a part of the Beontag Group, Confidex gains a truly global operational platform and increased material know-how to help customers improve their operations’ sustainability and efficiency.
Caption: Beontag has established a global platform to provide production, innovation and service centers in Europe, The Americas and Asia. With this footprint and the industry’s widest product portfolio, the multinational is the second-largest RFID company worldwide (photo: Beontag)