January 14th, 2022

Canada-based OPTEL GROUP—founded in 1989 and world leader in supply chain traceability—is expanding its range of expertise and global reach with the recent acquisition of the track-and-trace unit of the Körber Business Area Pharma, formerl known as Traxeed. Germany-based company Körber is a leading international technology group with approximately 10,000 employees and more than 100 locations worldwide.  

The acquisition not only allows OPTEL to leverage the business unit’s expertise in pharmaceutical and agrochemical track-and-trace technologies, but also provides the company with an office in Bavaria, thanks to its new location near Munich. 

In addition, close cooperation between OPTEL and Körber is planned for the future: The two companies intend to sign a partnership agreement through which OPTEL will become Körber’s preferred partner. 

Read the official press release here. 

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