Jan.14, 2025 - Drewsen Spezialpapiere, a leading German manufacturer of security papers has acquired Portals Papers, a British producer of high-security papers, passport papers and identity documents.
Financial terms of the deal were not disclosed.
This strategic acquisition unites the expertise of two specialized industry leaders, offering an exceptionally broad range of security features for paper solutions, while ensuring diverse and the highest levels of counterfeit protection.
"This acquisition is an exciting development and represents a new chapter for both our organizations," said Matthias Rauhut, CEO of Drewsen Spezialpapiere. "With the ability to offer both Fourdrinier and Cylinder Mould paper making solutions, we can offer our customers new and unique possibilities, allowing for tailored, innovative security paper solutions that meet the highest standards."
Additional benefits include leveraging synergies to offer secure business continuity, extended product ranges, improving logistics and customer service, providing complementary offerings, and ensuring reliability of supply.
Ross Holliday, Director at Portals Papers, added, "For Portals, this partnership provides new opportunities for growth, enabling us to expand our product offerings while continuing our successful operations at the Bathford Paper Mill."
Both companies will remain and be run as individual entities, each specializing within their own areas of expertise and strengths and with a shared commitment to quality, security, sustainability and innovation.
Portals Papers, located in Bath, UK, has been at the forefront of security paper technology for over 300 years, meeting the security and identity needs of governments and organizations worldwide.
Drewsen Spezialpapiere, based in Lachendorf, Germany, supplies high-quality speciality and security papers to customers worldwide. With a production capacity of 170,000 tons per year, Drewsen offers a diverse product range, including PROSECURA Security Paper, PROFINO Print and Packaging Paper, and PROTECH Technical Paper.
SOURCE: Drewsen Spezialpapiere
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