This marks the third transaction completed by Smart ID, following the acquisition of Total Technologies announced in December 2024, one of the leading Honeywell technology integrators for industrial automation in CEE, owning the only Honeywell Excellence Centre in the region, as well as the 2022 acquisition of Sceptrum, the Romanian leader in ERP software solutions.
“The decision to join forces with Smart ID represents a natural step in AB Systems’ evolution. We are proud of what we have built over the past 20 years, and this partnership will enable us to take our vision to the next level. Together, we will develop comprehensive RFID solutions, delivering enhanced benefits to our clients through efficiency, traceability, and state-of-the-art automation,” said Daniel Andras, CEO and founder of AB Systems.
“We are delighted to welcome the AB Systems team into the Smart ID group. Their extensive experience in RFID technology and durable barcode labeling solutions ideally complements our portfolio for business process automation. By combining forces, we will deliver integrated, end-to-end solutions – from smart & durable labeling to software platforms, automation solutions, and scanning equipment – optimizing operations and preparing companies for the future. This acquisition aligns with our strategy to become a regional leader in providing innovative technology solutions for industry, logistics, and retail. At the same time, we aim to expand by providing complete solutions to AB Systems’ clients in countries across five continents,” stated Daniel Boangiu, CEO and founder of Smart ID Technology.
“The investment in AB Systems, alongside Smart ID, is a strategic step in building a regional champion in automation and automatic data capture solutions. We see clear synergies between AB Systems and Smart ID, which together will offer a unique portfolio in the region. We are pleased to have Daniel Andraș and his team joining us in this new phase, contributing their experience and vision to the accelerated development of the group. With this being our third acquisition alongside Smart ID, following Total Technologies and Sceptrum, SARMIS Capital reaffirms its commitment to supporting the growth of our portfolio companies both organically and through M&A, providing the necessary know-how and financial resources,” stated Madalina Georgescu, Investment Manager at SARMIS Capital.
The completion of the transaction is subject to approval from the Competition Council.
Smart ID Technology was advised by a multidisciplinary team led by Georgiana Singurel (Partner), Stefan Caramidă (Senior Managing Associate) and Elena Costescu (Senior Associate) from Reff & Associates on legal matters; Ruxandra Pietreanu, Managing Partner at Path2Capital, on strategic matters; Luisiana Dobrinescu (Managing Partner) and Andrada Pleș (Partner) from Dobrinescu Dobrev on tax matters and Daniela Buhuș, Managing Partner at TS Partners, on financial matters.
The sellers of AB Systems were advised by a team led by Florin Cerna from BrinkThink Management, acting as financial and M&A consultant. Legal assistance for the sellers was provided by a team of lawyers led by Ștefan Mantea (Partner) and Larisa Jurca (Senior Associate) from Bancila, Diaconu & Asociatii SPRL.
Smart ID Technology provides proprietary, customized, and comprehensive automation solutions tailored for companies operating in intensive work environments, with the goal of optimizing costs and increasing productivity. Its critical business solutions address the entire
logistics chain, starting from solution design, development, and implementation to post- implementation services, maintenance, and support.
AB Systems is a Romanian entrepreneurial company founded in 2000, with over 20 years of experience in the RFID ecosystem. Specializing in the production of labels and automatic identification solutions (based on RFID and barcodes), AB Systems delivers customized services and products to global clients in industries such as automotive and retail.