Sato America acquires Argentine converter Achernar

Sato, a supplier of barcode printing, labeling and EPC/RFID products, has signed a definitive agreement to acquire Achernar, a label converter based in Buenos Aires, Argentina.

Achernar, founded in 1971, provides specialty labels for the food, fruit, cosmetics, pharmaceutical, electronic, lubricant and postal service industries. One of the country’s leading converters, it wide product range includes prime, promotional, variable information, security and high durability labels.

‘The acquisition of Achernar further illustrates our on-going commitment to the South Cone region of South America with best in breed for labeling and identification solutions,’ said Bob Linse, president of Sato America. ‘Our acquisition of Nodos in 2010 and now Achernar strengthens our business model of DCS and labeling in the region. We are extremely pleased with this acquisition and welcome Achernar to the Sato team.’

‘Achernar will assuredly continue to thrive after its acquisition by Sato as both corporations share a cultural and strategic fit,’ said Maria Olcese, general manager of Achernar. ‘With this action we heighten our abilities and growth opportunities across the region, and by harnessing the passion and dedication of our employees, we build upon the trust and confidence our customers have entrusted to us.’

Click here to read an L&L feature article about Achernar.

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