Authentication tech specialist Nanotech Security Corp was sold to Meta Materials for $73 million just three years ago.
There were recorded 771 theft incidents in the period, a 33 per cent increase on the same period of 2023.
July should be denoted as National Anti-Counterfeiting and Consumer Education and Awareness Month, says text.
More than 58 tonnes of counterfeit laundry powder, dishwashing liquid and shampoo have been destroyed.
Smaller, low-tech companies are found to be most at risk of going out of business due to counterfeiting.
Lawsuits claim defendants used illicit schemes to counteract processes designed to prevent the listing of counterfeits.