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nginx June 2019 - Secura Monde International (SMI)

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De La Rue Sells Identity Solutions Business

News, TechnologyBy SMI 12/06/2019

Today De La Rue announced that it is exiting the integrated identity documents market with a sale of its International Identity Solutions business for a cash consideration of £42 million. The buyer is HID Corporation Limited (“HID Global”), an ASSA ABLOY Group company. The deal price is agreed on a cash free debt free basis, payable upon…

Bank of England selected polymer substrate suppliers for its new £50 note

Banknotes, NewsBy SMI 04/06/2019

An 8-year contract to supply the polymer substrate for the Bank of England’s new £50 banknote has been awarded jointly to De La Rue and CCL Secure. The first call-off volume will be split between De La Rue’s Safeguard® (45%) and CCL Secure’s Guardian™ (55%). The next call-off, which will cover the polymer £5 and £10, is expected…