FINLOGIC active in the Information Technology sector with complete solutions for the coding and automatic identification of products, announces that it has renewed with SATO Europe GMBH, the distribution contract for Italy of all products and printing solutions with SATO brand. The contract has a duration until 30 June 2020 and provides for tacit renewal for a further year. The agreement also envisages an important collaboration of SATO in Finlogic's marketing activity through the organization of trade fairs and events in the coming years. The consolidation of the partnership with SATO strengthens Finlogic's plan to become a leader in Italy in the automatic identification sector.
“ Thanks to the renewal of the agreement with SATO, we are consolidating relations with one of the world's giants in the field of barcode printing solutions ”, commented Dino Natale, CEO of Finlogic. “ This strategic partnership allows us to continue our growth path in automatic identification while maintaining market leadership according to the objectives set during the IPO. The similarities with SATO's business model will help us improve our unique offer thanks to a mix of technology and consumables (labels and ribbons), continuing the global product supply path pursued by Finlogic ”. "We are pleased with our long-lasting relationship with Finlogic and appreciate their continued promotion of SATO products, ”commented Tetsushi Kondo Managing Director of SATO Europe GMBH. “ We are delighted to have been able to extend our agreement and look forward to the growth of SATO's market share together with Finlogic in Italy ”.
For over twenty years, SATO has been a world leader in barcode printing solutions including thermal and direct thermal transfer printers, RFID Smart printers, OEM print modules, 10.5-inch web printers, printer accessories, label design software. Founded in 1940, SATO is listed on the first section of the Tokyo Stock Exchange in Japan and has a turnover of approximately 889 million euros.
The Finlogic Group is active in the Information Technology sector with the creation of complete and innovative solutions for the coding and automatic identification of products through the use of barcodes and RFID ( Radio Frequency Identification ) technology. The Group provides integrated and customized labeling systems for recognition and traceability, covering the entire value chain ( hardware, software, consumables, and technical assistance). With production plants in Puglia and Lombardy and a commercial and technical office in Lazio, it employs about 100 employees and is a partner reference and strategic supplier of numerous customers operating in various production sectors, from food to pharmaceuticals, from logistics to chemicals, from security to healthcare.