Sato acquires Argox Information

Sato, a manufacturer of barcode printing, labeling and EPC/RFID products, has acquired Argox Information Co Ltd, a supplier of barcode printers, barcode scanners and portable terminals, making Argox a member of the Sato Group of Companies.

Founded in 1996, Argox became one of the world’s leading design and manufacturers of low cost and entry level thermal printers. Argox has focused on China, Brazil and Turkey, and is today tracking to become a main provider of auto-ID technology in countries such as India, Russia and South Africa.

‘Sato adopted a holding company structure on October 3 of this year and as a result realized many benefits which include: strengthened profitability, growth potential, advancements in technology innovations, and to make investments into new and/or growing businesses,’ said Kaz Matsuyama, president and CEO of Sato Holdings Corporation. ‘The acquisition of Argox exemplifies our mission and compliments the business models of both Argox and Sato alike.

‘Sato will continue to escalate its expansion of business into emerging markets which includes the strengthening of a label production facility for printer consumables in Poland, and to complete simultaneous acquisitions of label production companies in China, Argentina, and Brazil. We believe we will be able to fully enjoy the strategic relationships between those investments in addition to this important Argox acquisition.’

To ensure the continuity of business, Argox will continue its operations as an independent entity, reporting to Sato Holdings Corporation. The current management of Argox will remain in place.

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