Cash Processing Solutions – a Well-Kept Secret

Cash Processing Solutions (CPS), the clue to whose activities is in its name, describes itself as one of the industry’s ‘best kept secrets’. The company was acquired from De La Rue by Privet Capital in 2016 and was growing at 25% per year until COVID hit. But it is optimistic that, with the world emerging from the pandemic, growth will be back on course, bolstered last month by a multi-million pound order from India for four of its CPS 9000™ Single Note Inspection Systems.

Currency News spoke to Barrie Foley, who was appointed Managing Director in 2019, to find out more about the company’s portfolio, its plans for growth, and where it sees itself and the cash industry going in the next few years.