SML Group announced the sale of its Clarity software business to Omegro, a buy-and-grow acquirer of software companies. This strategic move marks the next phase of SML’s growth strategy, allowing the company to sharpen its ability to provide market-leading labels, digital triggers such as RFID, and data-driven solutions.
“Our growth journey continues to accelerate, driven by our unwavering commitment to deliver trusted solutions that drive visibility, efficiency, and value across the retail industry,” says Ignatius K.C. Lau, CEO of SML Group. “With pioneering solutions like our Digital Care Labels and the breakthrough InfuseRFID technology, we are setting new standards in digital labelling and embedded RFID solutions. Through initiatives such as Factory Care Solutions (FCS) and the Digital Product Passport (DPP), we are helping shape the future of truly connected supply chains. This progress is powered by our people, many of whom have been with us for over a decade and remain the cornerstone of SML’s success. We are excited about the opportunity Omegro offers to the ClarityRFID team and wish it well in its next phase of operations.”
Key takeaways:
· SML is now focusing its investments in areas shaping the future of retail technology and brand identification. These include expanding its global RFID Technology Innovation & Development Centers (TIDC) to strengthen R&D, advancing its digital transformation initiatives to drive efficiency across operations, reinforcing end-to-end quality assurance through digital platforms, and scaling on-premise Factory Care Solutions (FCS) and Digital Product Passport (DPP) capabilities.
· In 2024, SML’s science-based targets were validated by the Science Based Targets Initiative (SBTi), and advanced its four-pillar ESG strategy through solar installations, energy audits conducted in collaboration with Bureau Veritas and a partnership with SGS to assess the carbon footprint of Eco RFID inlays.
