In early 2016, a Canadian company named Euro control Technics Group, sold one of its companies, Global Fluids International, to the Swiss authentication experts at SICPA. The sale increased SICPA’s Euro control holdings to 10%, and was seen as a big leap for the company. According to their website, SICPA is renowned as “the leading global provider of secured authentication, identification and traceability solutions.”
The acquisition improves SICPA’s already celebrated list of technologies in tracking and security technologies.
SICPA’s news brief announced that the name of ETG’s main asset name has been changed from Petromark to SICPAGI – PETROMARK. They claim that it is “the most advanced and fully integrated in hydrocarbons, lubricants and bio fuels marking, mixing and tracing system for Governments and the oil industry.”