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CDPQ invests in marketer of RFID solutions Datamars
21
Mar '17
Courtesy: Datamars
Courtesy: Datamars
Caisse de dépôt et placement du Québec (CDPQ) has acquired a majority stake in Datamars, a marketer of RFID solutions to the textile and apparel sector. Through this investment, CDPQ has emerged as the company's largest shareholder, alongside Datamars' senior management and Columna Capital, who have been invested in the company since 2011.

"Datamars' management has been very successful in developing the company into a global leader. We are delighted to join forces with Klaus Ackerstaff and his team to support the company's growth strategy," said Stéphane Etroy, co-head of direct investment, private equity at CDPQ.

"I am delighted to have CDPQ on board as strong long term investors and supporters of our continued sustainable growth strategy," said Klaus Ackerstaff, CEO of Datamars. "Together with Columna we are positioned very strongly for the future."

"Columna Capital is delighted to continue its investment in Datamars. We have found an excellent partner in CDPQ to support the next phase in the development of the company," said Rory Devlin, managing partner of Columna Capital. (AR)

Fibre2Fashion News Desk – India


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