TSC Auto ID Technology Co., Ltd. acquired Diversified Labeling Solutions, Inc.
January 09, 2019
Share
TSC Auto ID Technology Co., Ltd. (GTSM:3611) acquired Diversified Labeling Solutions, Inc. on January 10, 2019. Under this acquisition, Diversified Labeling Solutions will remain a separate entity, retain its name and brand and maintain all of its current employees and executive leadership – including its current Chief Executive Officer, Jim Kersten. TSC Auto ID Technology's John Otott, the global general manager of the consumable products business unit, will oversee Diversified Labeling Solutions operations from a TSC Auto ID Technology standpoint in partnership with Jim Kersten. Plethora Businesses acted as financial advisor for TSC Auto ID Technology.
TSC Auto ID Technology Co., Ltd. (GTSM:3611) completed the acquisition of Diversified Labeling Solutions, Inc. on January 10, 2019.
TSC Auto ID Technology Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of printers and relevant parts and components. The Company's printers include thermal bar code printers, thermal transfer bar code printers and other printers. Its parts and components include keyboards, accessories for printers and other components, as well as other consumable materials for printers, such as carbon tapes, label paper and others. The Company is also engaged in the provision of printer repair and maintenance services. The Company distributes its products in domestic market and to overseas markets, including the rest of Asia, Europe and the Americas.