SATO to acquire Checkpoint's Barcode Systems Businesses
06 Jan '06
4 min read
“This is a strategic acquisition that complements our existing businesses and fits with our long-term vision of growth and profitability, especially in the consumables market segment outside of Japan. Consumables sales account for a large portion of our local business and will continue to be an important driver for growth."
"Investing in businesses with established operational and industry expertise can only accelerate our expansion plans as we bring to market the vision that drives our business, SATO's unique DCS & Labelling, and continue our aggressive push to capture more market share overseas."
The acquisition will not only bring complementary product lines, but also give SATO the opportunity to gain a foothold in markets that it has not fully explored so far. As the two sides have been operating in different markets, this is expected to result into synergy benefits on a large scale.
The investment signals SATO's intention to further strengthen its position as a leading provider of high quality and innovative barcode and label printing solutions worldwide,” said SATO President Masanori Otsuka. “With the current set-up, and the commitment and efforts of our new staff, we are confident it will be a seamless integration and BCS will soon be part of the SATO family. The outlook points to healthy business and industry growth potential and there is every reason to believe that BCS will be a boon for SATO.”
SATO is a pioneer in the Automatic Identification and Data Collection (AIDC) industry and the inventor of the world's first electronic thermal transfer barcode printer. It revolutionised the barcoding industry by introducing the Data Collection System (DCS) & Labelling concept – a total barcode and labelling solution providing high quality barcode printers, scanners/hand-held terminals, label design software and consumables.
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