SATO America acquires Achernar of Argentina

SATO, a pioneer in the Automatic Identification and Data Collection (AIDC) industry and a leader in barcode printing, labeling, and EPC/RFID solutions, announced today that it has signed a definitive agreement to acquire Achernar of Argentina, a privately held corporation based in Buenos Aires, Argentina, and one of the region’s most renowned providers of adhesive labeling solutions founded in 1971.
By Modern Materials Handling Staff
March 21, 2012 - MMH Editorial

SATO, a pioneer in the Automatic Identification and Data Collection (AIDC) industry and a leader in barcode printing, labeling, and EPC/RFID solutions, announced today that it has signed a definitive agreement to acquire Achernar of Argentina, a privately held corporation based in Buenos Aires, Argentina, and one of the region’s most renowned providers of adhesive labeling solutions founded in 1971.

By its industry diversification and abilities to quickly respond to changes in market demands, Achernar provides specialty labels for the food, fruit, cosmetics, pharmaceutical, electronic, lubricant, and postal service industries. As an industry leading supplier to the region’s most renowned brands in its market, Achernar manufactures a wide range of labels including prime, promotional, variable information, security, and high durability label solutions.

“The acquisition of Achernar further illustrates our ongoing commitment to the South Cone region of South America with best in breed for labeling and identification solutions,” said Bob Linse, president of SATO America. “Our acquisition of NODOS in 2010 and now Achernar strengthens our business model of DCS and Labeling in the region. We are extremely pleased with this acquisition and welcome Achernar to the SATO team.”

“Achernar will assuredly continue to thrive after its acquisition by SATO as both corporations share a cultural and strategic fit.  With this action we heighten our abilities and growth opportunities across the region, and by harnessing the passion and dedication of our employees, we build upon the trust and confidence our customers have entrusted to us,” said Maria Olcese, General Manager of Achernar.

Terms of the agreement were not disclosed.



Subscribe to Modern Materials Handling magazine

Subscribe today. It's FREE!
Find out what the world's most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!

Recent Entries

The CMMS allows on-site maintenance teams to more effectively manage maintenance activities while increasing uptime and operating performance of automated materials handling systems and other infrastructure systems at the user’s site.

IBM and Ohio State have formed a unique partnership to train students on supply chain management software. It's a model that other businesses and universities should emulate.

Located in the city of Jundiai, in the state of São Paulo, the plant has been configured for the assembly of selected automatic data capture product lines.

Gor the first half of 2014, NRF said that retail sales were up just 2.9 percent compared to the first six months of 2013, with sales through the end of the year expected to be up 3.9 percent annually.

Quarterly Material Handling Equipment Manufacturing Forecast (MHEM) indicates growth on horizon for industry.

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA