10 | Regulars / NewsNewsLimo Labels is one of the leading label converters in Scandinavia TexTrace’s RFID products can be sewn onto or inserted into garments Limo Labels joins All4Labels Group Avery Dennison acquires TexTraceGlobal group adds leading Danish converter TexTrace specializes in woven and knitted RFID productsAll4Labels Global Packaging Group has acquired Danish company Avery Dennison has acquired TexTrace, a developer of custom-made Limo Labels, one of the leading label converters in Scandinavia. The woven and knitted RFID products that can be sewn onto or inserted company, which focuses on high-value labels for the healthcare and into garments. TexTrace was formerly a subsidiary of Jakob Müller industrial sectors, becomes a subsidiary of the All4Labels Group. The Holding and is located in Frick, Switzerland. former owners will become co-shareholders of All4Labels. Terms of The acquisition includes ownership of TexTrace’s portfolio of the transaction were not disclosed. intellectual property and its employees that will continue to be ‘This partnership is an important milestone for All4Labels – based in Frick, Switzerland, enabling Avery Dennison to continue to especially for our growth strategy in northern Europe. We are drive adoption within the apparel sector and unlock opportunities convinced that Limo Labels will enable us to respond even better to in non-apparel segments. the dynamic needs of our global and local customers,’ said Adrian The technology developed by TexTrace provides the opportunity Tippenhauer, CEO of All4Labels. to fully integrate RFID into garments. Brand labels with built-in ‘We are pleased to welcome the management team around RFID are an all-in-one technology for product branding, brand and the owners Asbjørn Bay-Smidt and René Tøttrup Klith as well theft protection, product availability, consumer interaction and as all employees as new members of the All4Labels Global enhanced convenience, such as self-checkout. In the future, it could Packaging Group. With this new partnership, we will strengthen the offer unprecedented supplier and material information to enable foundation upon which we grow as a leading international group, the circular economy, providing the opportunity to gain insights and we look forward to working with Limo Labels to position the into the true carbon footprint of the garment. combined business for future success.’ ‘This is an exciting acquisition for Avery Dennison, expanding our The Limo Labels owners and management team will continue digital ID portfolio to offer integrated RFID solutions for the apparel to manage the business. ‘Limo Labels has been looking for an industry,’ said Francisco Melo, vice president and general manager international partner to be stronger not only in the Nordics, of Avery Dennison Smartrac. ‘The innovative woven and knitted but also on an international level, and thus enabling us to grow RFID products that TexTrace has developed will add signifcant together with our customers both locally and globally – with value to the traditional way the apparel and retail sector uses RFID, All4Labels, we have found a perfect match and partner to do so,’ creating the opportunity for a more sustainable and intelligent said Asbjørn Bay-Smidt, CEO of Limo Labels. future where digital IDs can live with the life of the garment.’The transaction increases the size and international reach of ‘This step is a great opportunity and a ground-breaking decision the All4Labels Group and underlines the goal to continue growing for the future of TexTrace AG. We are proud of what the start-up sustainably – organically and through acquisitions. ‘We at All4Labels has achieved in its 10-year company history, and we are very are committed to convince more founders as well as entrepreneurs pleased that we can now enable it to take the next step in its of our group’s vision, so 2022 will bring further positive news of progression,’ said Stephan Bühler, co-owner of Jakob Müller Holding new partnerships,’ said Tippenhauer. and previous CEO of TexTrace. Loftware purchases Prisym ID TLMI unveils sustainability programLoftware has acquired Prisym ID to expand its enterprise labeling TLMI has introduced its Champions for Change program, which offering for the medical device and pharma industries while encourages TLMI members to submit a brief overview of a current enhancing its end-to-end cloud-based platform by adding project or product, and to outline how it positively impacts any one advanced clinical trial labeling and regulated content management of the following categories: Culture, Circularity, Resource Effciency, capabilities. Building on Prisym ID’s industry focus, Loftware Reduce-Reuse-Recycle, Purposeful Innovation, and Social Impact. will help customers to enable compliance through accurate, TLMI vice president of sustainability Rosalyn Bandy said: ‘TLMI’s validation-ready labeling technologies and regulated product new Champions for Change program is yet another way that content while also growing the Loftware platform and offering association members can showcase their progress in implementing more services to these strategic markets. sustainability initiatives.’labelsandlabeling.com