Hueck Folien Hits ‘Full-Liner’ Status with WaveFront Acquisition
Banknote security specialist Hueck Folien has acquired California-based WaveFront Technology LLC, transforming the Austrian firm into a ‘full-liner’ with end-to-end control over the security feature lifecycle. By integrating WaveFront’s 30-year expertise in micro and nanostructures, Hueck Folien says that it secures strategic independence and the ability to originate custom optical designs in-house. The value of the transaction was not disclosed.
This acquisition adds a specialised production hub in Paramount, California, bringing 30 experts and a strategic US hub to Hueck Folien’s global footprint.
‘The expertise and IP portfolio of security features from our new colleagues in Los Angeles is vital for Hueck Folien’s development,’ said Christoph Steger, CEO. ‘This will give us access to future technologies, especially for the banknote market, and will strengthen our position as an independent supplier. However, to round off our portfolio, we will continue to collaborate with other partners and manufacturers of originations worldwide.’
Rapid innovations in optical security
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