Nordic presence in Portugal

Lyngsoe Systems

Supply-Chain Tech / RFID (Porto)

Lyngsoe Systems is a Danish supplier of real-time tracking, automation and RFID solutions for logistics and libraries, based in Aars (Lyngsoe Systems A/S, CVR 17702785; 129 employees on the Danish register). In July 2026 it announced a strategic investment in the Porto logistics-software company CodeOne – Sistemas de Identificação e Processamento de Dados, Lda (NIF 506617157), which keeps its brand, management team and operational autonomy and gives Lyngsoe a local base for customers in Portugal and Spain.

OriginDenmark
HQLyngsø Allé 3, 9600 Aars (Lyngsoe Systems A/S, CVR 17702785, registered 1 March 1994)
Scale129 employees at Lyngsoe Systems A/S (CVR); roots dating back to 1952 and installations in 60 countries (company statement, July 2026)
ActivityReal-time tracking, automation and smart-warehousing solutions and RFID for logistics; library material handling through Lyngsoe Systems Library Solutions (CVR 44901285)
PT companyCodeOne – Sistemas de Identificação e Processamento de Dados, Lda — NIF 506617157 — Avenida Marechal Gomes da Costa 980, 4150-757 Porto; share capital €180,000; CAE 62090
CodeOne activityWarehouse voice picking, RFID tracking, delivery temperature tracking, track-and-trace and proof of delivery, barcode scanners and label printers, 24/7 support (company website)
DealStrategic investment announced July 2026; CodeOne keeps its brand and management (Supply Chain Magazine, 14 July 2026); reported as an acquisition with Baker Tilly as adviser (Capital-Riesgo.es, 17 July 2026)
DirectionDenmark → Portugal and Spain

Corridor footprint

Lyngsoe Systems A/S has been registered since 1 March 1994 at Lyngsø Allé 3 in Aars, and the Danish register classifies it under computer programming with 129 employees. Its website splits the business into two lines: logistics, where it sells real-time tracking, automation and smart warehousing, and libraries, served from the same address by Lyngsoe Systems Library Solutions (CVR 44901285). In announcing its Portuguese investment, the company described itself as having roots dating back to 1952 and installations in 60 countries, with experience in RFID and in end-to-end solutions for logistics, healthcare and supply chains.

Its Portuguese foothold is CodeOne – Sistemas de Identificação e Processamento de Dados, Lda (NIF 506617157), a Porto company with €180,000 of share capital, its seat at Avenida Marechal Gomes da Costa 980 and annual accounts on file back to 2006. CodeOne’s website, published in Portuguese, English and Spanish, lists warehouse voice picking, RFID tracking systems, real-time delivery temperature tracking, track-and-trace and proof of delivery, meter reading, barcode scanners and label printers, and 24/7 support and maintenance for production, distribution, logistics and retail clients. According to Supply Chain Magazine, CodeOne has built a strong position in Portugal and Spain in software that optimises logistics and operational workflows, and under the agreement it continues under its current brand and management. Michael Vistisen, CEO Logistics at Lyngsoe, said the investment strengthens the group’s ability to support customers locally in southern Europe; CodeOne chief executive Carlos Figueiredo described joining forces with Lyngsoe as a very exciting next step for the company.

Why this matters for the corridor

Lyngsoe’s route into Iberia is an investment in an established Porto specialist in its own field — automatic identification, RFID and logistics software — which gives the Danish group a local team and existing customers in Portugal and Spain, while CodeOne keeps its own name in the market. It is a Nordic technology supplier using a Portuguese company, rather than a new branch, as its base for southern Europe.

Recent activity

Supply Chain Magazine reported the investment on 14 July 2026, and on 17 July 2026 the Spanish deal site Capital-Riesgo.es reported it as an acquisition of CodeOne with Baker Tilly as adviser. The announcement, as reported, did not state the size of the stake. CodeOne’s commercial-register record shows a change of registered seat in October 2025.

Sources: Danish Central Business Register via cvrapi.dk (Lyngsoe Systems A/S); lyngsoesystems.com; racius.com (CodeOne); codeone.pt; Supply Chain Magazine (14 July 2026); Capital-Riesgo.es (17 July 2026) via Google News. Spotted an error? Email miguel@fractio.se.

Status: Compiled from public sources · Last verified: · Update this profile

Update this profile

Work at Lyngsoe Systems? Send corrections or additions. Every update is checked before it is published; submissions are reviewed within a few working days.

Thinking about entering Portugal?

Fractio helps Nordic companies enter the Portuguese market — from market sizing to first sales, hiring, and legal setup.

Talk to Fractio →