Price Chopper Inc. Acquires Glownet Inc.
Last Updated On: 03/11/2020
The Orlando, FL-based supplier, Price Chopper Inc. has announced the acquisition of Glownet Inc., the United States-based subsidiary of United Kingdom-based Glownet Limited. Financial terms of the deal were not disclosed.
“The purchase of Glownet Inc. will further increase and differentiate Price Chopper’s market offering in the competitive wristband and identification market,” said Shara Pathak, president of Price Chopper Inc.
Glownet Inc., which will continue to operate under that name, will become a fully owned subsidiary of Price Chopper. Glownet’s existing RFID technology platform and range of services, including cashless payments, access control, social media activations and self-service kiosks, will extend to Price Chopper’s client base.
Shara, further said, “The combination of Glownet Inc with our reputation for ID solutions and crowd management will strengthen our value proposition in our core markets globally.”Read More...