Antares Vision Acquires Adents Traceability Assets

Antares Vision has purchased the assets of the French company Adents High Tech International in a transaction valued at €1.5 million.

Adents, currently in liquidation, has developed a traceability and serialization software platform for the management and exchange of data between companies and regulatory authorities (level 5) and a complete offer of cloud services (both single-tenant and multi-tenant), mainly focused on the pharmaceutical sector.

The transaction will allow Antares Vision to expand its portfolio of software solutions able to track and trace the end-to-end supply chain, enabling distributors, CMO's, 3PLs, hospitals and pharmacies to be compliant to the traceability of medicines regulations and able to ensure the transparency and sustainability of the production and distribution chain.

Through the transaction some Adents’s staff will be hired and the R&D team includes highly specialized resources in the Antares Vision staff.

Antares Vision will enhance its service capacity with greater capillarity in technical and sales support, as well as its international presence, mainly in France, UK, Ireland, Sweden and in the United States.

Emidio Zorzella, Chairman and CEO of Antares Vision, said, “We are very satisfied with this operation which will allow us to continue to strengthen our strategy and to implement a complete, digital and scalable solution for the supply chain traceability. The operation is particularly strategic in terms of acquiring new software solutions, new skills, strengthening the geographical presence and expanding into new industries. The expertise in traceability for beverage will allow us to accelerate our diversification in new industries, as in the champagne segment."