Mazzone advises TSC Auto ID Technology with respect to the acquisition of a producer of labels and shrink sleeves located in Poland
June 2023 Mazzone & Associates (“Mazzone”) is pleased to announce that it acted as exclusive financial advisor to TSC Auto ID Technology Company (“TSC”) with respect to its acquisition of a producer of labels and shrink sleeves located in Poland (“the Company”).
The Company is a privately held producer of TTR Tapes, unprinted labels, flexographic printed labels, and shrink sleeves for the Polish and European market. The Company also offers label printers, code scanners, mobile terminals, and RFID technology for its customers. Operations are conducted in two facilities strategically located in Poland.
John Otott, Global General Manager of Consumables for TSC, noted that “the combination of our two organizations will allow TSC to better serve our European customer base with genuine OEM supplies in addition to our extensive portfolio of hardware to deliver complete, reliable, and high-quality label printing. We selected Mazzone to assist us in this transaction, as their understanding of both the market and how to get deals done in a challenging environment was key to our success. Furthermore, their ability to break down complex deal dynamics into simple solutions allowed us to reach a successful transaction.”
Jonathan White, Managing Director at Mazzone, noted, “We are pleased to have the opportunity to partner with TSC and guide them through this cross-border acquisition. This combination will undoubtedly move TSC’s strategy forward and also create opportunities for the Company. TSC will be a great partner for the Company and its employees, and we are eager to see what they will accomplish together.”
Jonathan White, Managing Director; Stuart Sanford, Director; and Ryan Durham, Associate were lead team members on this transaction.
About TSC
Serving customers in over 100 countries, TSC Auto ID Technology Company (Taiwan Stock Exchange: 3611) is a leading designer and manufacturer of innovative asset tracking and identification solutions, including mobile, desktop, industrial and enterprise-grade barcode label printers, RFID printers, barcode label inspection systems, print engines, and genuine supplies. With one of the industry’s most comprehensive selection of barcode label printers, TSC provides solutions for transportation and logistics, retail, manufacturing, food and beverage, healthcare, and automotive companies seeking world-class, innovative, and high-performance tracking and identification solutions. With over 6 million printers sold around the world, TSC is committed to providing strong local sales engineering support, continuous investment in new product development, and quick solutions to meet the needs of small and medium-sized businesses and Fortune 500 companies around the world. For more information, please visit www.tscprinters.com.