Europe
United States
Zetes acquires Auto-ID company InCAPTIO in Czech Republic
Zetes today announced it is acquiring the company InCAPTIO, one of the Czech Republic's most established providers of Auto-ID solutions for the supply chain.
Zetes, the European leader in automatic identification solutions and services for goods and people today announced it is acquiring the company InCAPTIO, one of the Czech Republic's most established providers of Auto-ID solutions for the supply chain. This acquisition enables Zetes to satisfy the requirement from multinational customers seeking coverage within the Czech and Slovak market.
The financial investment by Zetes will enable the company to revitalize its growth strategy. "By joining our group, InCAPTIO can integrate the range of Zetes solutions into its portfolio and expand its offering substantially. The company can also benefit from the synergies created for its major international accounts and take advantage of expertise available through our 14 other European subsidiaries.", adds Alain Wirtz, CEO of the Zetes Group.
InCAPTIO currently generates a turnover of approximately 2 million euro. The company employs 15 people with excellent project management capabilities. The acquisition will have no significant impact on Zetes' balance sheet structure.