SATO secures share of RFID business

SATO, a provider of barcode printing, labelling and EPC/RFID solutions, has completed a strategic investment in Nexgen Packaging, a supplier of apparel brand identification and packaging products. According to SATO Holdings Corporation's chief executive, Kaz Matsuyama, the investment — which equates to less than a 20 per cent minority share in Nexgen Packaging — is part of the company's mission to grow internationally. Founded in 2006, Nexgen Packaging, a privately held company, focuses its efforts on the design, marketing, manufacturing and distribution of woven and printed labels, heat transfers, graphic tags, price tickets and item level RFID labels and tags.