SMARTRAC N.V. has completed the acquisition of UPM’s RFID business following clearance by all competent authorities. SMARTRAC and UPM-Kymmene Corporation entered into an agreement on December 22, 2011, under which SMARTRAC takes over UPM RFID while UPM-Kymmene Corporation obtains an indirect economic interest in SMARTRAC of 10.6% via OEP Technologie B.V., a holding company controlled…
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