SML Group sells Clarity software to Omegro

SML Group, a global RFID and retail technology company, has sold its Clarity software business to Omegro, a buy-and-grow acquirer of software companies. This move marks the next phase of SML’s growth strategy, allowing the company to sharpen its focus where it creates the most value: labels, digital triggers such as RFID, and the data-driven technology that unlocks transparency, efficiency and circularity across global supply chains.

Building on its strengths, SML is now focusing its investments in areas shaping the future of retail technology and brand identification. These include expanding its global RFID Technology Innovation & Development Centers (TIDC) to strengthen R&D, advancing its digital transformation initiatives to drive efficiency across operations, reinforcing end-to-end quality assurance through digital platforms, and scaling on-premise Factory Care Solutions (FCS) and Digital Product Passport (DPP) capabilities to meet new customer and regulatory demands.

'Our growth journey continues to accelerate, driven by our unwavering commitment to deliver trusted solutions that drive visibility, efficiency and value across the retail industry,' said Ignatius K.C. Lau, CEO of SML Group. 'With pioneering solutions like our Digital Care Labels and the breakthrough InfuseRFID technology, we are setting new standards in digital labeling and embedded RFID solutions. Through initiatives such as Factory Care Solutions (FCS) and the Digital Product Passport (DPP), we are helping shape the future of truly connected supply chains. This progress is powered by our people — many of whom have been with us for over a decade and remain the cornerstone of SML’s success. We are excited about the opportunity Omegro offers to the ClarityRFID team and wish it well in its next phase of operations.'

SML closed 2024 with strong revenue growth and profitability, fueled by an increased global network and a growing client portfolio. Despite market volatility and geopolitical risks, demand for SML’s technology continued to rise, leading to openings of new production sites. New customer wins, an expanded product portfolio and an innovation-driven approach further reinforced the company’s resilience and momentum.

Beyond the realm of the company’s financial performance, sustainability remains a key element of SML’s long-term core strategy. In 2024, SML’s science-based targets were validated by the Science Based Targets Initiative (SBTi). Among other initiatives, the company advanced its four-pillar ESG strategy through solar installations, energy audits conducted in collaboration with Bureau Veritas and a partnership with SGS to assess the carbon footprint of Eco RFID inlays, reflecting a commitment to data-driven innovation.