Crane NXT acquires De La Rue Authentication Solutions for £300m, expanding security tech portfolio.

Crane NXT, an industrial technology company, has announced its acquisition of De La Rue Authentication Solutions for £300 million. This deal enhances Crane NXT's portfolio by adding security technologies for identification documents. The acquisition is expected to close in the first half of 2025 and aims to boost Crane NXT's earnings and return on invested capital over the next five years, leveraging De La Rue's strong market position.

October 15, 2024
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