The recent business history of Fabriano in Security papers and features started in 2002 with a key report made by SMI. In fact, Fabriano paper mill was basically supplying banknote paper just to domestic market. With the investment made at that time, enabling their production to increase by 3 times, they need a clear overview on the international market, which was given by SMI, as well as some important advices as to security features alliances, which led Fabriano to take over a leading security thread and holographic foil manufacturer such as Mantegazza, renamed as Fabriano Securities in 2004.