Posted by John Kalkowski -- Packaging Digest, 12/18/2011 9:31:38 PM
SATO, a leader in barcode printing, labeling, and EPC/RFID solutions, has announced the acquisition of Argox Information Co., Ltd., a major manufacturer of barcode printers, barcode scanners, and portable terminals, making Argox a member of the SATO Group of Companies.
Tokyo, Japan — Founded in 1996, Argox became one of the world's leading design and manufacturers of low cost and entry level thermal printers that fulfill the application demands of emerging and industrial markets for cost effective, reliable products. Ever expanding its market influence Argox has focused on China, Brazil, Turkey, and is today tracking to become a main provider of auto-ID solutions in countries such as India, Russia and South Africa.
"SATO adopted a holding company structure on Oct. 3 of this year and as a result realized many benefits which include: strengthened profitability, growth potential, advancements in technology innovations, and to make investments into new and/or growing businesses," stated Kaz Matsuyama, president & CEO of SATO Holdings Corp. "The acquisition of Argox exemplifies our mission and compliments the business models of both Argox and SATO alike."
"SATO will continue to escalate its expansion of business into emerging markets which includes the strengthening of a label production facility for printer consumables in Poland, and to complete simultaneous acquisitions of label production companies in China, Argentina, and Brazil. We believe we will be able to fully enjoy the strategic relationships between those investments in addition to this important Argox acquisition."
To ensure the continuity of business, Argox will continue its operations as an independent entity, reporting to SATO Holdings Corp. Going forward, SATO and Argox will leverage strategic benefits from each other such as cooperative relationships in product development and reduction in developmental costs. The current management of Argox will remain in place and as mentioned both companies plan to operate independently with a "strategically complimentary relationship" to ensure that both companies take full advantage of their strengths.
SATO is a pioneer and leading global provider of integrated Automatic Identification and Data Collection solutions that leverage barcode and RFID technologies.
SATO is a pioneer and leading global provider of integrated Automatic Identification and Data Collection solutions that leverage barcode and RFID technologies. SATO manufactures innovative, reliable auto-identification systems and offers complete...
more
ECONOCORP, INC. is a leading worldwide manufacturer of ECONOSEAL cartoning, trayforming, and casepacking caters to moderate volume users and features simplicity in design, operation, and maintenance. ECONOSEALS handle paperboard and corrugated...
more
QuickLabel Systems makes and sells digital color label printers and barcode label printers for use by manufacturers of foods, beverages, pharmaceuticals, chemicals, and more...
more
Bosch Packaging Technology, Inc. is one of the world's leading suppliers of packaging machinery. Our diverse portfolio of packaging machines, including the well known Doboy brand, includes robotic automation with pick & place robots (delta robots)...
more
Hitachi America Ltd., Industrial Components & Equipment Division, supplies a broad range of industrial products and services. The division supplies sophisticated industrial equipment, components and services for application in pharmaceutical...
more
Markem-Imaje is a trusted world manufacturer of product identification and traceability solutions, offering a full line of reliable and innovative inkjet, thermal transfer, laser, print and apply label systems and RFID-based systems. Markem-Imaje...
more
Fogg is a world leader in the design and manufacture of rotary filling, rinsing, capping and enclosure systems for free flowing and viscous liquids. Fogg serves a growing number of dairy, spirits, water, food and beverage, pharmaceutical and...
more
Markem-Imaje is a trusted world manufacturer of product identification and traceability solutions, offering a full line of reliable and innovative inkjet, thermal transfer, laser, print and apply label systems and RFID-based systems. Markem-Imaje...
more
Microscan develops barcode and machine vision products that help manufacturers reduce costs, increase yields, improve product quality, and comply with regulations. Designed for precision applications, Microscan's line of 1D and 2D barcode readers...
more
Thermo Scientific Product Inspection and Processing equipment protects your brands by ensuring the quality, accuracy, efficiency and safety of your products. With more than 50 years of making sure little things don't turn into big problems, we know...
more
DOMINO is one of the world's largest manufacturers of digital printing solutions and is publicly traded on the London Stock Exchange. Our products are used for date coding, product marking, serialization and variable printing. Among our customers...
more
Teledyne DALSA is a world leader in the design, manufacture and deployment of digital imaging components for the machine vision market. Teledyne DALSA image sensors, cameras, smart cameras, frame grabbers, software and vision solutions are used in...
more
VIEW ALL GALLERIES
