Smartrac N.V. | |
Location: | Amsterdam, Netherlands |
Key People: | Christian Uhl (CEO and chairman of the management board), Bernd Fahrholz (Chairman of the supervisory board) |
Industry: | Electronics |
Products: | RFID inlays and tags for biometric passports, bank cards, driving licences and contactless smart cards |
Revenue: | € 272 million (2014)[1] |
Num Employees: | 3,600 (end 2010) |
Homepage: | https://rfid.averydennison.com/ |
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]