SML Group, a Hong Kong-based provider of readio-frequency identification (RFID) and brand identification solutions, has welcomed private equity companies FountainVest and CPE as new shareholders.
SML states that FountainVest and CPE bring regional and global expertise and extensive networks.
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The new investors will provide SML with essential resources to support innovation.
They will also help the company advance digital integration, expand its geographic footprint and support customer-centric growth.
FountainVest managing director Andrew Huang added: “We have been following SML for many years, and see tremendous potential in SML’s ongoing transformation. As a founder-led company with an agile, entrepreneurial spirit, SML’s culture of innovation and collaboration reflects values we deeply believe in – integrity, teamwork, and forward-thinking.
“FountainVest has a deep network across the consumer, retail and industrial sectors, and we are excited for our collaborative partnership with the leadership team to support the company’s next chapter of growth.”
The announcement follows a period of growth for SML in 2024 and 2025, when it has established new production facilities and secured major client partnerships.
It also advanced sustainability initiatives such as InfuseRFID, Factory Care Solutions (FCS) and the upcoming Digital Product Passports (DPP).
CPE managing director Hemeng Dong stated: “CPE has a broad investment ecosystem from key supply chain to potential customers, we are committed to supporting SML in delivering superior products and integrated digital solutions that enhance lead time, quality, and overall performance.
“We’ll help the company meet growing demand for RFID, DPP and FCS solutions, explore new opportunities in labels, packaging and software, and create long-term value for our customers.”
SML Group CEO Ignatius KC Lau stated: “The investment from FountainVest and CPE is a powerful validation of what we have built over the last four decades and a catalyst for the next phase.”
SML operates in more than 20 countries, providing digital identification and supply chain solutions for major apparel and retail brands.
Its offerings include RFID, DPP, FCS, digital IDs, and tags and labels.
