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TagMaster to Buy Kapsch TrafficCom's RFID-focused Components Business in North America

MT Newswires·11/10/2026 23:57:37
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11:57 PM EST, 11/10/2026 (MT Newswires) -- TagMaster (TAGM-B.ST) agreed to buy Kapsch North American Components, the North American business of Austrian traffic technology company Kapsch TrafficCom (KTCG.VI), for 195 million kronor, according to a Tuesday release. The Stockholm-listed data solutions and advanced sensor systems supplier will acquire the radio-frequency identification-focused components business through its Sensys Networks subsidiary in the US. TagMaster intends to finance the acquisition using an increased credit facility and a bridge financing that will be repaid with proceeds from a 70 million-krona rights offering planned for the second quarter of 2027. Completion of the acquisition is expected in the first quarter of 2027, subject to customary closing conditions. TagMaster expects the purchase to be accretive to profit in the latter part of 2027.