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Beontag announces acquisition of Confidex, a global company focused on RFID and wireless IoT solutions

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. 

April 19th, 2022 – Beontag, a global company specializing in graphic & label materials and RFID technology solutions, announces the acquisition of Confidex, 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 Beontag’s presence in the digital transformation value chain of multiple sectors as a provider of a wide range of products and technologies. Joining Beontag further strengthens Confidex’s global presence and helps it to develop more localized services.

As a pioneer in the RFID industry since 2005 and with operations in Finland, China, France, Netherlands and the USA, Confidex has become the trusted partner for mobility, logistics and industrial companies. The company is the number 1 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 the backbones of Confidex operations. Becoming a part of the Beontag Group, Confidex has a truly global operational platform and increased material know-how to help customers improve their operations’ sustainability and efficiency. 

About Beontag

With over 37 years of market experience, Beontag has a vast portfolio of innovative and technological products that serve the retail, industries, and service sectors in Europe, The Americas and Asia. With best-in-class manufacturing facilities, continuous investments and a highly qualified team, the company has been expanding its business globally and is one of the largest and most respected label companies worldwide.

Beontag is also a technology company with a broad portfolio of IoT solutions, focused on the manufacturing of RFID labels as well as on software development for digital transformation and sustainability of supply chains and manufacturing, including traceability and authentication of products.

About Confidex

Confidex designs and delivers short-range wireless identification solutions built on RAIN RFID, NFC and HF-based tags, labels and tickets, as well as Bluetooth Low Energy beacons – the key enablers linking assets and people in business-critical processes. The company has enabled short-range wireless enterprise IoT solutions since 2005, making supply chains, manufacturing processes, transactions and authentication of goods and people more efficient and sustainable. With its global network of resellers and distributors, Confidex, the technology and award-winning Finnish company serve customers representing a broad range of industries in Europe, the Americas, the Middle East and Asia. 

 

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