What Goes Round Comes Round in the Minting Industry

The start of 2024 has been marked by a series of acquisitions in the minting community.

First off was the announcement that the Mint of Finland has sold its blanks business to the German producer Freiberger EuroMetall. The transaction includes the blank factory in Halsbrücke, Germany and its stake in the Spanish blank manufacturer Compañía Europea de Cospeles SA (CECOSA).

The on-going projects for the supply of coins and coin blanks to various customer will be completed by Mint of Finland as planned and agreed with each customer, it said. But in future, it will tender for the blanks needed for its circulation coin business.

The move will, it added, enable it to focus on the sale of circulating coins and related services from one site, at Vantaa in Finland.