From today, Innovia Security, the manufacturer of Guardian™ polymer banknote substrate, will operate under the new name of CCL Secure. This follows an announcement made last December advising that The Smithfield Group, the managing shareholder of Innovia Group, had accepted an offer from Canada’s CCL Industries Inc. to acquire the company for CAD $1.3 billion (US $952.7m). Speaking…
An agreement has been made to allow Canadian CCL Industries Inc to acquire the Innovia Group for CAN $1.13 billion (c. £685 million). Innovia specialise in BOPP films and polymer banknote substrates used in many banknotes currently circulating throughout the world, including the newly issued five pound notes in the UK and Australia. The agreement came from…
Innovia Security have issued a statement advising that the Central Bank of Mauritania has issued its new 1000 Ouguiya banknote printed on Guardian® polymer substrate. Guardian® is now used in 78 banknote denominations, by 24 countries. The Central Bank has reduced the size of the 1000 Ouguiya banknote to 142mm by 70mm which, it says,…
On Friday 14 March David Beeby, CEO of Innovia Group, confirmed that Innovia Security will be providing polymer substrates to the Bank of England (BoE) for the new £5 and £10 banknotes. A statement by Mr Beeby was posted on the Innovia Films website : “We are delighted that the contract with the Bank of…