Close the acquisition of Smartrac
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 29 Jan 2020
- Due
- 31 Mar 2020
- Delivered
- February 2020
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“Expect acquisition of Smartrac to close in late Q1”
What we found
Evidence strength A What the grades mean
Avery Dennison completed the acquisition of Smartrac's Transponder division in February 2020, which falls within the expected timeframe of late Q1 2020.
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A Avery Dennison 10-K filed 2021-02-25
“In February 2020, we completed our acquisition of Smartrac’s Transponder (RFID Inlay) Division” ✓ confirmed on the page
Market reaction: the shares moved -0.6% against the S&P 500 over the three sessions around the disclosure (24 Feb 2021 to 1 Mar 2021). What this measures
Checked 18 Oct 2026.
Commitment lineage
Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.
- Deadline drift +548 days
- 2 versions
-
Version 1 · original · stated 29 Jan 2020
Deadline 31 Mar 2020 (“late Q1”) · wording expected
-
Version 2 · stated 28 Jul 2021
Deadline 30 Sep 2021 (“in Q3 2021”) · wording expected
“The acquisition is expected to close in Q3 2021, subject to regulatory approvals and other customary closing conditions.”
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- Smartrac acquisition
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Depends on
- Regulatory, Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2020-AVY-014504 · Corrections policy