Tag Company provides electronic article surveillance (EAS) systems used to reduce shoplifting and employee theft.
The company sells, installs and services exit and point-of-sale systems, accessories, tags, and labels using either swept-RF or acousto-magnetic technology, the two leading industry platforms.
It has installed three of the largest chain-wide EAS rollouts in the global marketplace in the last three years
London-based AGOF acquired TCI Ltd subsidiaries Tag Company UK Ltd and Tag Company US LLC for an undisclosed amount. It had previously invested in the company for growth capital.
Mark Krom, president and CEO, said “”We are pleased to have the continued backing and stewardship of the Adurion Group
“Since Adurion’s original investment, we have launched three impressive new technologies that are having an exciting impact on the retail loss prevention sector. With Adurion’s resources, we will continue our dynamic growth”.
Elected to the board of directors are Krom, Richard Cowan, Gerhard Beukes, Dr Jurg Gassmann, and Peter Mathis.
Said Beukes, Adurion investment manager: “We continue to be encouraged by Tag Company’s growth potential. In our nearly two years with Tag, the company has launched Series 58, Black Box EAS information management system and EasiCap, all of which are being embraced by customers in multiple markets.
Vist: www.tagcompany.com.
