Avery Dennison acquires traceability solutions provider TexTrace

Materials science company, Avery Dennison Corp., announced the acquisition of TexTrace AG (TexTrace), a technology developer specializing in custom-made woven and knitted RFID solutions that may be sewn onto or inserted into clothes.

TexTrace was previously a division of Jakob Müller Holding, a textile OEM headquartered in Frick, Switzerland. The acquisition includes ownership of TexTrace’s intellectual property portfolio as well as its personnel, who will remain in Frick, Switzerland, allowing Avery Dennison to continue to innovate and drive adoption in the garment sector while also unlocking prospects in non-apparel markets.

The innovative technology created by TexTrace allows for the full integration of RFID into garments. Brand labels with RFID embedded in are an all-in-one solution for product branding, brand and theft protection, product availability, consumer contact, and greater convenience, such as self-checkout. In the future, it may provide unprecedented supplier and material information to support the circular economy through re-ccommerce and recycling, allowing for insights into the full carbon footprint of the garment.

Francisco Melo, vice president and general manager, Avery Dennison Smartrac, said that this is a fascinating purchase for Avery Dennison since it broadens their digital ID portfolio to include integrated RFID solutions for the apparel market. TexTrace’s innovative woven and knitted RFID products will add significant value to the traditional way the apparel and retail sectors use RFID, creating the opportunity for a more sustainable and intelligent future where digital ID’s can live with the life of the garment.

Stephan Bühler, co-owner of Jakob Müller Holding AG and previous CEO of TexTrace AG, said that this is a fantastic opportunity and a game-changing move for the future of TexTrace AG. They’re proud of what the company has accomplished in its 10-year history, and they are delighted that they can now help it take the next step in its development. This is coming at the right time and with the appropriate partner.

Recent Posts

VIP Clothing expands portfolio with premium products

VIP Clothing has entered a new market segment with the launch of branded handkerchiefs while also expanding its presence within…

2 days ago

Cotecna launches advanced testing laboratory in Tirupur

Cotecna has officially opened its new Softlines Testing Laboratory in Tirupur. The inauguration was led by Amit Chopra, along with…

2 days ago

Loop Industries expands recycling technology to Europe and India

Loop Industries has raised €10 mn through a convertible preferred security agreement with Reed Societe Generale Group, an entity under…

3 days ago

OJAS and Maharishi collaborate on capsule collection

OJAS has partnered with Maharishi for a capsule collection in military-inspired aesthetics featuring Maharishi’s Original Snopants, sweatshirt, and a tote…

3 days ago

Red Run expands into menswear with Drop 1 collection

Red Run has announced its foray into menswear with menswear collection, titled ‘Drop 1,’ featuring 10 essential pieces designed for…

4 days ago

INEOS Styrolution launches recycled polystyrene yoghurt cups

INEOS Styrolution, a global leader in styrenics, has successfully completed its first project involving mechanically recycled polystyrene in yoghurt cups.

4 days ago