Tokyo, Japan – May 23, 2013 – SATO, a leader in barcode printing, labeling, and EPC/RFID solutions, announced today its strategic investment in Nexgen Packaging, a global provider of apparel brand identification and packaging products.
Founded in 2006, Nexgen Packaging, a privately held company, is a leading provider of brand identification products to both apparel manufacturers and retailers for their private label programs. Nexgen focuses its efforts on the design, marketing, manufacturing and distribution of woven and printed labels, heat transfers, graphic tags, price tickets & item level RFID labels and tags.
“We have seen healthy growth in our RFID business and Nexgen’s brand identification relationships & item level RFID experience are highly complementary to our own product strategy & growth initiatives” stated Kaz Matsuyama, President & CEO of SATO Holdings Corporation. “The investment in Nexgen Packaging exemplifies our mission to grow internationally and complements the business models of both Nexgen and SATO alike.”
Nexgen will continue to operate as an independent entity, and the current Nexgen management team will remain in place. Going forward, SATO and Nexgen will leverage strategic benefits from each other, such as mutual RFID development and deployment, as well as leveraging SATO's global footprint. As mentioned, both companies plan to operate independently with a “strategically complementary relationship” to ensure that both companies take full advantage of their strengths.
"Few companies have the depth of experience and focus on innovation in variable data printing and RFID-encoding as SATO has" said Andy Effron, Managing Partner of Nexgen. "Our new relationship with SATO strengthens Nexgen in the expansion of global operations and delivery of industry-leading innovation to better serve our customers. We are very excited about this partnership, and look forward to working closely with the SATO global team."
About Nexgen
Nexgen Packaging, LLC is a global provider of apparel brand identification and packaging products, servicing the creative, product development, and production needs of apparel manufacturers and retailers, and their global manufacturing partners. Nexgen is focused on simplifying everything from the creative process to order execution, utilizing innovative technologies to increase efficiency and enhance customer service. Nexgen offers a comprehensive range of products and services designed to meet its customers’ product identification needs, including: woven labels, printed labels, heat transfers, hang tags, integrated tags, price tickets, wrap bands, patches, boxes, poly bags and a broad range of specialized products. Our customers include a broad range of Apparel Brands and Retailers.
Nexgen has operations in the US, UK, Hong Kong and major apparel producing countries globally. More information about Nexgen can be found at www.nexgenpkg.com.
About SATO
SATO (TOKYO: 6287) designs and manufactures hardware, labels, and tags, and develops software to integrate with third-party offerings as automatic identification solutions. These solutions streamline workflows, enabling data capture and visualization for a connected world of productivity, safety, reassurance and sustainability. By giving things a digital identity, SATO helps businesses in retail, manufacturing, food, health care and transport & logistics run smoothly. Founded in 1940, SATO has a presence in 26 countries with a workforce of over 5,700. For the fiscal year ended March 31, 2024, it reported revenues of 143,446 million yen ($992 million*)
For more information about SATO, please visit www.sato-global.com.
*Based on an average exchange rate of 1 USD = 144.58 JPY
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