Home > News > Content
CSL COMPLETES MANAGEMENT BUYOUT, ADDS SEVECO AS STRATEGIC INVESTOR
- Jul 20, 2016 -

CSL COMPLETES MANAGEMENT BUYOUT, ADDS SEVECO AS STRATEGIC INVESTOR

Convergence Systems Ltd. (CSL), a provider of passive RFID products and active real-time location system (RTLS) equipment, 

has announced that its management has completed the purchase of the company from the original investors.

To support them in their buyout effort, CSL's management reached out to their company's primary manufacturing partner,

Seveco Global Ltd. The agreement with Seveco includes an investment and long-term financial commitment. Financial details

have yet been not disclosed.


Related Products