Announced
Completed
Financials
Tags
Completed
United States
Majority
supply chain management
Cross Border
Acquisition
Friendly
Third Party Logistics (3PL)
Single Bidder
Private
Synopsis
Antares Vision, a company specialized in the production of inspection and track and trace system for many industries, completed the acquisition of RfXcel, a supply chain management and traceability software firm, for $120m. "Massimo and I are delighted that we have reached agreement to acquire rfXcel. The acquisition has a compelling strategic rationale with strong operational and financial benefits. The combination will strengthen Antares Vision Group's position as one of the global leaders in the Track & Trace segment, accelerating our growth and representing an attractive value creation opportunity for our customers, our shareholder the whole Antares Vision Group," Emidio Zorzella, Antares Vision Chairman and CEO.
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