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“Creating and developing innovative and viable anti-counterfeit technologies and products has been one of the core research initiatives at Bilcare. This acquisition underlines the importance that Bilcare places on offering state-of-the-art anti-counterfeit solutions, more particularly in the form of end user oriented and fully integrated systems,” said Mohan Bhandari, chairman and managing director, Bilcare Limited.
“With counterfeit products not only affecting trust and safety of the consumer, but damaging the reputation and bottom line of the industry as well, there has been a dire need for a robust and scalable anti-counterfeit solution. I am delighted to bring Singular ID into the Bilcare group and greatly strengthen our vital product offerings,” he said.
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