Innovia Security continues success story as CCL Secure
14 May 2017
Melbourne, Australia - Innovia Security, manufacturer of the world-leading polymer banknote substrate Guardian™, is today operating under our new name of CCL Secure. This marks the start of a new chapter in the growth of polymer banknotes worldwide.
CCL Secure Vice President and Managing Director Bernhard Imbach, said "We are really looking forward to the future as the new brand CCL Secure, however, I cannot understate the amazing achievements and leading market position that the team has established in the industry to date."
"I guarantee we’ll continue to deliver the same excellent service, highest-quality product and commitment to innovation – the only difference you’ll notice will simply be a new name and logo. The singular focus and expertise in developing polymer banknote technology remain in the Australia, Mexico and U.K. operations."
"We have also assumed management control of Banknote Corporation of America (BCA) which is based in Greensboro, North Carolina. BCA produces high-security documents including passport components and postage stamps, with innovative designs that meet strict quality and accountability standards."
CCL Industries operates in 35 countries and owns 156 facilities, and is expanding rapidly due to a series of targeted acquisitions. Over the last five years, the company’s share price has grown more than 570% and it is currently trading at record highs.
CCL Secure, as the new high security division of CCL Industries, joins a number of market-leading brands in the organisation’s impressive, worldwide portfolio.
"It's a very exciting time for us as this opportunity opens a number of new doors. Thanks to its global footprint, CCL Industries offers new networks and resources that provide greater opportunities to increase the growth of polymer banknotes in even more markets."
"We aim to double the current 4% market share in the banknote industry over the next five years,” said Imbach."
For more information:
T +61 3 9303 0709