The Fedrigoni Group has invested in a majority share of Tageos. Tageos designs and manufactures RFID inlays and tags. The company, headquartered in Montpellier, France, has offices, sales, R&D and operations in Germany, the United States, Hong Kong and China.
With this deal, Fedrigoni acquires the majority of Tageos’ capital through a direct investment and from shareholders, including Newfund Capital, as well as Tageos’ founders, who will retain their leadership positions in the company. As part of the agreement, Fedrigoni will have the right to purchase the remaining shares in Tageos in the future.