Home / Knowledge / News / Information Technology / Bilcare buys out Singular ID
Bilcare buys out Singular ID
08
Jan '08
Singular ID, the provider of the integrated high technology enterprise brand security system called enxure, announced that during December 2007 it was acquired by Bilcare Singapore Pte Ltd for SGD 19.58 million.

Bilcare Singapore is a wholly owned subsidiary of Bilcare Limited, a leading pharmaceutical packaging company offering research services, clinical services and packaging materials to hundreds of global customers. Bilcare is listed on the Mumbai Stock Exchange in India.

Singular ID spun off from the Institute of Materials Research and Engineering, Singapore, in June 2005, and with venture capital backing has grown to operate out of Singapore and Italy delivering award winning technology to customers in the fashion and automotive sectors.

Following the acquisition, the founding directors of Singular ID, Dr Adrian Burden and Dr Peter Moran, will continue to hold positions on the Board and to run the company as Chief Executive Officer and Chief Technology Officer respectively. “This acquisition by a strong corporate entity is excellent news for Singular ID and its first rate team” stated Dr Burden.

“We are now in a position to work as part of a global leader in the pharmaceutical sector to tackle the problem of counterfeit medicines and create a real impact in this high volume business. In addition, Bilcare have aligned with our vision to be the de facto anti-counterfeiting and track-and-trace solution provider in a number of key sectors, and so we remain committed to build significant value in our business beyond the pharmaceutical sector.”


Must ReadView All

'Requirement of polyester filament yarn is increasing'

Textiles | On 19th Jun 2018

'Requirement of polyester filament yarn is increasing'

The requirement of polyester filament yarn (PFY) is increasing as it...

Courtesy: SAC

Textiles | On 19th Jun 2018

SAC to release pilot of Higg Facility Social Labour Module

The Sustainable Apparel Coalition (SAC) will release this year a...

Courtesy: Tim Savage from Pexels

Textiles | On 19th Jun 2018

Da Lat begins construction of $50mn wool yarn factory

Da Lat Worsted Spinning Limited Company has begun construction of a...

Interviews View All

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search