Radiofrequency identification technology component provider LUX-IDent has signed an agreement for the sale of a 100% stake in the company. The buyer is Texas-based HID Global, a member of group ASSA ABLOY, which is active in credible identity solutions. The acquisition is subject to approval by the regulatory authority and should be finalized in 4Q 2019. Once the transaction is completed, LUX-IDent will be part of the Identification Technologies division of company HID Global.
Prepared by the team of foreign office CzechTrade Chicago