- March 23, 2012
CHARLOTTE, NC | SATO, a supplier of Automatic Identification and Data Collection (AIDC) and barcode printing, labeling, and EPC/RFID solutions, has signed a definitive agreement to acquire Achernar of Argentina, Buenos Aires, a provider of adhesive labeling solutions, including prime, promotional, variable information, security, and high-durability label solutions. Terms of the agreement were not disclosed.
“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,” says Bob Linse, president of SATO America. “…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,” says Maria Olcese, general manager of Achernar.