Smart Solutions Holdings B.V.
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Publicatie datum
22 dec 2011 - 09:01
Statutaire naam
Smart Solutions Holdings B.V.
Titel
SMARTRAC and UPM join forces
Bericht
• SMARTRAC to take over UPM’s RFID business
• UPM-Kymmene Corporation to become indirect stockholder of SMARTRAC N.V.
Amsterdam and Helsinki, December 22, 2011 – SMARTRAC N.V., a leading developer, manufacturer, and supplier of RFID transponders, announced that the company has reached an agreement with UPM-Kymmene Corporation (UPM) today by which SMARTRAC N.V. (SMARTRAC) will take over UPM’s RFID business while UPM-Kymmene Corporation will become an indirect stockholder of SMARTRAC. The transaction is still subject to certain customary conditions, including regulatory approvals.
As consideration for UPM’s RFID business, UPM will obtain an indirect economic interest in SMARTRAC N.V. of 10.6% via OEP Technologie B.V.. OEP Technologie B.V. is an acquisition company controlled by One Equity Partners (OEP). OEP Technologie B.V. holds approximately 87 percent of the issued capital and voting rights in SMARTRAC.
Datum laatste update: 25 december 2025