On 2 March 2020, Avery Dennison (Glendale, California) announced the completion of the acquisition of Smartrac’s transponder business, for the purchase price of €225M, subject to customary adjustments.
Avery Dennison (Glendale, California) is gearing up for future growth of RFID technology, improving the efficiency of processes and the relationship between brands. Just months after signing a deal to acquire Smartrac's transponder division, the Company announced the location of its next RFID (Radio Frequency Identification) manufacturing facility, its first in Brazil and fifth in the world. The new factory will be located in Vinhedo (SP), opening in 2021.
Toray Industries, Inc. (Tokyo, Japan) has recently become the first in the world to communicate wirelessly across the UHF (ultrahigh frequency) band with a printed semiconductor. This setup employs a printed radio-frequency identifier (RFID) that the company created. The RFID employs a high-performance semi-conductive carbon nanotube composite. Toray’s achievement demonstrated the potential for manufacturing UHF RFIDs by low-cost printing processes to dramatically streamline retail and logistics operations. Examples include automating cash registers and efficient inventory management. The company will accelerate development to commercialise printed RFIDs.