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Avery Dennison buys Swiss RFID innovator TexTrace

Avery Dennison has purchased Swiss RFID innovator TexTrace. The acquisition includes ownership of TexTrace’s portfolio of intellectual property. Its employees will remain at the company’s base in Frick, Switzerland. TexTrace specialises in custom-made woven and knitted RFID products, which can be sewn onto or inserted into labels and garments. Avery Dennison says the acquisition enables […]

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