Continuity Plus Confidence for De La Rue as it Moves to Private Ownership

As Currency News™ went to press, we learnt that the sale of De La Rue PLC to Atlas Holdings for £263 million – announced in April – has now completed. De La Rue will delist from the London Stock Exchange and re-register as a Private Limited Company.

De La Rue confirmed it was otherwise ‘business as usual’ – continuation of its commitments, operations and strategy, with the confidence that comes from a strong balance sheet, experienced leaders and a supportive longterm owner.

Atlas Holdings is an industrial holdings company which specialises in international manufacturing and distribution businesses. It has investments in 27 businesses generating combined revenues of $18 billion, and employs 57,000 people.

‘They have invested in us because they believe we are a great company with a strong reputation and significant potential’, said De La Rue’s Ruth Euling, adding that Atlas Holdings has a track record of being long-term owners and investors in the companies they acquire.