Introduction#
Avery Dennison Corporation, a leader in labeling and digital identification solutions, has made a significant move by investing $75 million in Wiliot, a company specializing in supply chain technology. This investment aims to strengthen their existing partnership and expand their market presence.
Investment Details#
The $75 million investment allows Avery Dennison to take a minority stake in Wiliot and provides them with a seat on Wiliot’s Board of Directors. This partnership will focus on enhancing their joint efforts in the retail, logistics, and food industries. Avery Dennison will act as Wiliot’s preferred partner for inlay design, manufacturing, and commercial activities.
Technology Overview#
Wiliot is known for its innovative use of passive Bluetooth Low-Energy (BLE) sensors, which are battery-free and provide crucial data on location and condition monitoring. These sensors work in conjunction with artificial intelligence and machine learning to process the data they collect. BLE technology complements Avery Dennison's existing Radio Frequency Identification (RFID) solutions, which are widely used for tracking and identifying products.
Company Background#
Avery Dennison reported sales of $8.9 billion in 2025 and has a workforce of approximately 35,000 employees across more than 50 countries. The company specializes in various sectors, including retail and logistics, and has a market capitalization of $12.7 billion. Avery Dennison has a history of increasing its dividend for 15 consecutive years, currently yielding 2.27%.
Recent Earnings Report#
In its latest earnings report for the fourth quarter of 2025, Avery Dennison posted adjusted earnings per share of $2.45, surpassing analyst expectations of $2.40. However, the company’s revenue of $2.15 billion fell short of the projected $2.29 billion. Despite this revenue miss, the earnings report was well-received by investors.