Crane NXT Acquires De La Rue Authentication Solutions
October 15, 2024
Crane NXT, Co. has signed a definitive agreement to acquire De La Rue Authentication Solutions from De La Rue plc for £300 million in cash (subject to customary adjustments). The acquisition, expected to close in H1 2025, expands Crane NXT’s authentication and brand-protection capabilities by adding De La Rue’s digital and physical security technologies (De La Rue Authentication generated approximately $130 million in revenue for the year ended March 30, 2024).
- Buyers
- Crane NXT, Co.
- Targets
- De La Rue Authentication Solutions
- Sellers
- De La Rue plc
- Industry
- Industrial Services
- Location
- England, United Kingdom
- Transaction Type
- Buyout
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