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Astrid Mitchell

1 June 2026

3 min read

BEP’s Long Term Transformation – New Investment, but New Facility on Hold

In one of the keynote speeches at the Banknote Conference in Washington DC, which has recently concluded, the US Bureau of Engraving and Printing (BEP) presented its long-term transformation and modernisation strategy. This is in the context of a new series of banknotes, the first of which will be issue later the year, the postponement of a proposed new production site to replace that in the centre of the capital, and investments that have already seen a 33% reduction in some production costs.

Companies

Astrid Mitchell

1 June 2026

2 min read

Loomis Expands into Peru with Acquisition of Hermes

The Swedish-based international provider of cash management solutions, Loomis AB, is making good on its strategy to expand in Latin America with its most significant acquisition to date, launching a Tender Offer Agreement (TOA) to acquire the Peruvian cash management firm Hermes Transportes Blindados SA. The enterprise value of approximately SEK 4 billion (US$380 million) on cash and debt free basis represents a 6.6x adjusted EBITDA multiple based on Hermes’ 2025 financial year.

Companies

Astrid Mitchell

1 June 2026

3 min read

A New Chapter in Currency Printing as De La Rue Opens Malta Supersite

After five years and an investment of c. €60 million, De La Rue’s new factory in Malta has been officially opened in the presence of the country’s Prime Minister, Robert Abela, and Silvio Schembri, Minister for the Economy, Enterprise and Strategic Projects. Described as a ‘supersite’, it will – says De La Rue – support the creation of world class, functionally excellent banknotes for the next 50 years and beyond.

Companies

Astrid Mitchell

27 May 2026

3 min read

A New Chapter in Currency Printing as De La Rue Opens Malta Supersite

After five years and an investment of c. €60 million, De La Rue’s new factory in Malta has been officially opened in the presence of the country’s Prime Minister, Robert Abela; and Silvio Schembri, Minister for the Economy, Enterprise and Strategic Projects. Described as a ‘supersite’, it will – says De La Rue – support the creation of world class, functionally excellent banknotes for the next 50 years and beyond.

Companies

Astrid Mitchell

13 May 2026

3 min read

Loomis Expands into Peru with Acquisition of Hermes

Companies

Astrid Mitchell

10 May 2026

2 min read

ANDRITZ Schuler Consolidates Production

ANDRITZ Schuler – the leading manufacturer of equipment for coin and medal production – has announced that, due to persistently challenging economic conditions, it is closing production at the site of its subsidiary ANDRITZ Gräbener in Netphen; Germany. In future, these products will be manufactured together with ANDRITZ Schuler’s systems at its headquarters in Göppingen, Germany.

Companies

Astrid Mitchell

27 April 2026

2 min read

Spectra Systems Reports Record Revenue

Spectra Systems Corporation, a player in machine-readable high-speed banknote authentication, gaming security, and brand protection, has reported its highest profitability since inception in its recently announced annual results for 2025.

Companies

Phil Moffat

1 April 2026

2 min read

A Saving of 800 Million Banknotes Over Four Years…

De La Rue held two workshops, at HSP Asia in Kuala Lumpur last December and HSP EMEA in Rabat this February respectively, on the topic of making informed currency choices. Central to making such choices is the company’s DLR Analytics platform, as described here.

Companies

Astrid Mitchell

1 April 2026

2 min read

Record Order Book and a Strong Performance from G+D

Giesecke+Devrient (G+D)’s 2025 results detail its strong order intake for the year, a record at €3.6 billion, highlighting its strong growth prospects in providing SecurityTech for mission critical infrastructure.

Companies

Astrid Mitchell

1 April 2026

2 min read

Exceptionally Successful Year for Orell Füssli

Orell Füssli has just released its 2025 annual report, which shows revenue up by 8% to CHF 272.8 million, operating profit up by 17.7% to CHF 41.3 million and net profit up by 31% to CHF 23 million.

Companies

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Astrid Mitchell

1 April 2026

2 min read

BRBNMPL Seeks Partners for In-House Colour Shift Feature Manufacturing

Bharatiya Reserve Bank Note Mudran Pvt Ltd (BRBNMPL), a wholly owned subsidiary of the Reserve Bank of India, has issued a global Expression of Interest (EOI/010/CO/2025-26) to establish a manufacturing facility for colour shift films (CSF), colour shift pigments (CSP), and related security features at its Mysuru site.

Companies

Astrid Mitchell

1 April 2026

4 min read

2025 Proves ‘Steady State’ Year for Cash Management Companies

Over the course of February and March, five of the leaders in the distribution and management of cash in circulation published their annual results for 2025 – ATM and self service specialists Diebold Nixdorf and NCR Atleos, and CIT and cash handling companies Prosegur, Brinks, and Loomis.

Companies

Alex Sadler

1 April 2026

3 min read

Mints Exceed Expectations for 2025

Monnaie de Paris (MdP) has announced strong financial and operational results for 2025, marking its sixth consecutive year of positive profitability and reinforcing the institution’s ongoing transformation. Contrary to forecasts of a decline in revenue following an ‘exceptional year’ in 2024, largely driven by the Paris Olympic and Paralympic Games, MdP has reported an historic turnover at year end.

Coins Companies

Astrid Mitchell

1 April 2026

2 min read

Crane NXT’s Results Reflect the Impact of Acquisitions, and Success of Micro-Optics

Recent financial results from Crane NXT highlight growing global demand for advanced authentication technologies, especially its platform of micro-optic security features for banknotes. In mid February the company reported strong performance for the fourth quarter and full year ending 31 December 2025, reflecting wider adoption of its currency and security solutions by central banks worldwide.

Companies

Astrid Mitchell

1 April 2026

5 min read

Inside Europe’s Largest State-Owned Banknote Printing Facility

In the December issue of Currency News™ we ran an article entitled ‘Reports of the Death of Cash are Greatly Exaggerated’, paraphrasing Mark Twain’s immortal words in response to reading his own obituary. In it, we mused over how widescale reports of the death of cash are at odds with numerous investments around the world in banknote production and distribution.

Companies

Astrid Mitchell

3 Feb. 2026

4 min read

Q&T Hi-Tech Polymer – An Insurgent’s Tale

Challenging long established companies in a deeply conservative market is a daunting prospect, and yet that is what Q&T Hi-Tech Polymer (Q&T) has done.

Companies

Astrid Mitchell

3 Feb. 2026

2 min read

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.

Companies

Astrid Mitchell

3 Feb. 2026

4 min read

Industry Watch – a Review of the Share Price of the Quoted Companies in Currency

We invariably cover the financial results of the public (listed) companies in our sector, certainly annually and sometimes their interim results too, as a means of taking the temperature of the industry. To supplement this is Industry Watch, now published annually rather than quarterly, which specifically looks at their share prices over the period of the preceding year.

Companies

Astrid Mitchell

29 Jan. 2026

3 min read

Currency Associations Join Forces

The International Currency Association and the International Mint Industry Association have announced that they will merge to become a combined industry association. The two organisations will join forces under the ICA umbrella, aiming to unite the global currency industry more closely and strengthen the collective voice for cash, including both banknotes and coins.

Companies

23 Dec. 2025

2 min read

SPMCIL Reports Record Revenue

Security Printing & Minting Corporation of India Ltd (SPMCIL) recently published its 2024/25 Annual Report, showing a 15.84% increase in revenue to Rs 58.84 billion. Costs increased by 19.9% to Rs 43.96 billion.

Companies

Latest News

BEP’s Long Term Transformation – New Investment, but New Facility on Hold

Loomis Expands into Peru with Acquisition of Hermes

A New Chapter in Currency Printing as De La Rue Opens Malta Supersite

A New Chapter in Currency Printing as De La Rue Opens Malta Supersite

Loomis Expands into Peru with Acquisition of Hermes

ANDRITZ Schuler Consolidates Production

Spectra Systems Reports Record Revenue

A Saving of 800 Million Banknotes Over Four Years…

Record Order Book and a Strong Performance from G+D

Exceptionally Successful Year for Orell Füssli

BRBNMPL Seeks Partners for In-House Colour Shift Feature Manufacturing

2025 Proves ‘Steady State’ Year for Cash Management Companies

Mints Exceed Expectations for 2025

Crane NXT’s Results Reflect the Impact of Acquisitions, and Success of Micro-Optics

Inside Europe’s Largest State-Owned Banknote Printing Facility

Q&T Hi-Tech Polymer – An Insurgent’s Tale

Hueck Folien Hits ‘Full-Liner’ Status with WaveFront Acquisition

Industry Watch – a Review of the Share Price of the Quoted Companies in Currency

Currency Associations Join Forces

SPMCIL Reports Record Revenue

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