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ARCHIVE 2006
Datamars SA completes CHF 11 million Growth Capital
Round
Investment enables expansion in USA and consolidation
of its leadership positon in animal tagging and textile rental
industry
Lugano, Switzerland, November 10, 2006 - Datamars SA, a leader
of identification solutions based on RFID technology for the companion
animal identification and textile rental industry, announced today
that it has raised CHF 11 million. This investment will allow
the company to launch its lead product in animal tagging in the
USA after having taken an undisputed leadership in Europe. The
financing was led by Renaissance PME and a Swisscom investment
vehicle, Mona Lisa AG, both managed by Vinci Capital (Switzerland)
with the participation of the existing investors Iris Capital
(France), Invision Private Equity (Switzerland), Cornerstone Capital
(Germany) and Universal Capital Partners (Belgium). Olivier Tavel
from Vinci Capital will join the Board of Datamars.
Datamars SA was founded in 1988 and develops innovative identification
solutions based on RFID transponders, corresponding readers and
antennae that it designs and produces at its headquarter near
Lugano in Switzerland. The company currently employs over 110
people in Switzerland, Thailand and the USA, and has grown profitably
in the last three years at an annual rate of close to 30%.
RFID (Radio Frequency Identification) is a contactless data
transmission technology which yields considerable value for a
wide number of applications. “Datamars technology offers
significant advantages over competition and this investment should
allow Datamars to leverage its technology investment to penetrate
the American market with a prime industrial partnership in distribution”
said Parvis Hassan-Zade, Chairman and CEO of the Datamars group.
“We believe the innovative products developed by Datamars
can play a major role in the fast growing markets in which RFID
technology adds considerable value over other technologies,”
said Olivier Tavel, Managing Partner of Vinci Capital. “We
have been very impressed with the drive and commitment exhibited
by Datamars in taking its unique technology to commercialization
and so we are very pleased to participate in this exciting opportunity.”
About Datamars:
Datamars is a leader in providing high quality low cost solutions
based on proprietary technology in two vertical markets: companion
animal identification and the textile garment market in which
it has an installed base of over 650 laundry plants in more than
20 countries. The company was founded in 1988 and is based in
Bedano (near Lugano), Switzerland. For more information visit
www.datamars.com.
About Renaissance PME, Monalisa AG and Vinci Capital
SA:
Renaissance PME is a Swiss-based foundation dedicated to Swiss
pension funds to provide them with a fiscally-optimized and regulated
vehicle for direct private-equity investments. Mona Lisa AG is
a Swiss investment holding funded by Swisscom dedicated to financing
innovative Swiss SMEs with high growth potential. Vinci Capital
is an independent Swiss private-equity firm with an exclusive
mandate to manage the funds of Renaissance PME and Mona Lisa AG.
For further information visit www.renaissance-pme.ch
and www.vincicapital.ch.
Contacts:
Parvis Hassan-Zade
Datamars SA
Tel: +41 91 935 73 80
contact@datamars.com
Olivier Tavel
Vinci Capital
Tel: +41 21 693 92 31
ot@vincicapital.ch
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