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News

Acquisition strengthens RFID portfolio.

Schreiner Group : 30 July, 2007  (Company News)
Schreiner Group acquires X-ident to fulfil its aims in the RFID market for asset protection, document tracking and other identification applications.
Schreiner Group has acquired 100 % of the interest in X-ident from T.Technology Holding, a company of the Austrian Trierenberg Group. The deal became effective on 20 July 2007. Schreiner Group is a high-tech company comprising six divisions, with Schreiner LogiData representing the Group's concentrated competence in the field of RFID (Radio Frequency Identification).

Like Schreiner LogiData, X-ident is a pioneer in the development of RFID solutions. Both companies offer a wide range of intelligent identification solutions for pharmaceutical, automotive, textile, engineering, document tracking, transport logistics container, library, ticketing, authenticity and value/asset protection applications.

By acquiring X-ident Schreiner Group enhances its production capacity by another 160 million labels, tickets and tags per year. X-ident, for example, supplied the tickets for the 2006 FIFA World Cup, and in 2007 has already provided over 30 million tickets for the Moscow Subway.

As a result of the acquisition two businesses join forces under the umbrella of Schreiner Group to deliver to their customers even higher performance capabilities than before in the areas of development, production and system integration.
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