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Crane NXT has completed its acquisition of Antares Vision, marking a strategic expansion of its capabilities in the fast-growing food and beverage traceability sector.
Following the deal, Antares Vision has been delisted from the Euronext Milan and will operate as a wholly owned subsidiary of Crane NXT.
The acquisition positions Crane NXT to capitalise on increasing demand for traceability, quality assurance and anti-counterfeiting solutions across global food and beverage supply chains.
Aaron W Saak, president and CEO of Crane NXT, described the deal as a key milestone in the company’s evolution, highlighting Antares Vision’s “market-leading technology, software and service offerings” as a strong complement to its existing portfolio.
For the F&B industry, the move reflects accelerating investment in digital traceability systems as manufacturers and retailers respond to tightening regulatory requirements, food safety concerns and rising consumer demand for transparency.
Antares Vision has a presence in track-and-trace systems, inspection solutions and smart data management, capabilities increasingly critical for ensuring product authenticity, monitoring quality and enabling end-to-end supply chain visibility.
Antares Vision will be integrated into Crane NXT’s newly formed Detection & Traceability Technologies segment, alongside its CPI business. The company said the addition will enhance its ability to serve high-growth sectors, including life sciences and food and beverage.