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"Eurocontrol Technics Group Inc is a Canada-based company involved in acquisition, development, and commercialization of security, authentication, verification and certification markets. The company through its subsidiaries is engaged in designing, manufacturing, marketing of energy-dispersive X-ray fluorescence (ED-XRF) systems, and developing technology and property that combines two... see more

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Eurocontrol Technics Ord > SICPA’s timing was impeccable

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Post by kidl2 on Nov 06, 2018 11:57am

SICPA’s timing was impeccable

SICPA and SGS Phils JV secure fuel marking project

The joint venture of Swiss-based SICPA SA and SGS Philippines, Inc. has won the contract to provide a fuel marking program for the Philippine Bureau of Customs (BOC).

More:
https://customstrade.asia/2018/11/06/sicpa-and-sgs-phils-jv-secure-fuel-marking-project/

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Comment by Chutzpah on Nov 09, 2018 7:02am

wow amazing, I coud not see that coming ;)))

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Comment by kidl2 on Nov 09, 2018 2:45pm

Everyone knew that the Philippine deal was coming as there were no competing bids. This deal alone would have probably doubled the remaining royalty payments. Instead EUO management gave SICPA a “50 cent on the dollar” deal even though they had ample cash without this deal and to make things worse, they had and still don’t have a plan to put this extra cash to work. Will they ever put this ...more

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