Board Converting News, May 11, 2026

INVESTMENT NEWS Avery Dennison Invests In Wiliot AI PLatform

Fusion Summit (CONT’D FROM PAGE 37)

flexographic and letterpress markets; and HiFlow Solu- tions announced a collaboration to integrate their packag- ing MIS/ERP platform with Hybrid Software’s CLOUDFLOW workflow. This integration will enable job specifications to

Avery Dennison has announced a $75 million minority investment in Wiliot, a Physical AI platform for supply chains, deepening a long-standing partnership fo- cused on supply chain intelligence and connectivity. As part of this deepened relationship, Avery Denni- son will serve as Wiliot’s preferred inlay design, manu- facturing and commercial partner. The two companies will strengthen and expand their joint go-to-market efforts to accelerate the adop- tion of digital identities on physical items across key industries, including retail, logistics and food. Seat At The Table Avery Dennison will receive a seat on Wiliot’s Board of Directors as part of the investment, in addition to its existing board observer position.

transfer automatically from estimating and order entry into pre-press, eliminating the need for manual data handling. In addition, Hybrid Software announced the commer- cial availability of MyMatches, an AI-driven search engine for packaging graphics, and unveiled jAImes, which uses agentic AI to extract order information from customer emails and create job orders in customer ERP/MIS sys- tems. Roadmap sessions covered new applications of ar- tificial intelligence across its portfolio to drive automation and efficiency, while keynote speakers David Zwang and Marco Boer provided insight into market trends and the evolving packaging landscape. Korozo Group Achieves EcoVadis Gold Medal Korozo Group, a global manufacturer of flexible packaging and film products, has been awarded the EcoVadis Gold Medal. The company’s score has increased from 74 to 85, placing it in the top 5 percent of all companies assessed worldwide, up from the top 15 percent. Organizational Evaluations EcoVadis evaluates organizations across four core areas: environment, labor and human rights, ethics, and sustainable procurement. A score of 85 reflects significant progress across these pillars. The Gold Medal reflects Korozo’s structured approach to sustainability across EcoVadis’ key evaluation areas: En- vironment, Labour & Human Rights, Ethics, and Sustain- able Procurement. This recognition builds on Korozo Group’s broader sustainability journey as a flexible packaging manufactur- er,producing more than 137,000 tons annually and serving customers in more than 75 countries. Hybrid Software Chairman Guido Van der Schueren welcomes attendees to the Fusion Packaging Summit 2026.

“We believe in the power of passive Bluetooth Low-Energy (BLE) and the significant opportunity to expand our portfolio with Wiliot,” said Francisco Melo, President, Intelligent Labels Technologies and Digital Solutions for Avery Dennison. “BLE is a complementary technology to RFID. It in- creases the total addressable market and allows us to provide a broader set of solutions, improving visibility and condition monitoring for our customers, unlocking previously unavailable data sets. With our strategic in- vestment in Wiliot, we meet growing market demands to create value by connecting the physical and digital worlds.” “Avery Dennison is a global leader in digital identi- fication and the premier partner in the design, manu- facturing and go-to-market capabilities for Wiliot at the scale required to realize accelerating demand,” stated Tal Tamir, co-founder and CEO of Wiliot. “This invest- ment from Avery Dennison and growing partnership across our teams is transformational for the adoption of Physical AI.”

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