· 2 min read

Continuity Plus Confidence for De La Rue as it Moves to Private Ownership

Astrid Mitchell
Astrid Mitchell · Editor
Continuity Plus Confidence for De La Rue as it Moves to Private Ownership

As Currency News™ went to press, we learnt that the sale of De La Rue PLC to Atlas Holdings for £263 million – announced in April – has now completed. De La Rue will delist from the London Stock Exchange on 3 July and, shortly thereafter, re-register as a Private Limited Company.

De La Rue confirmed it was otherwise ‘business as usual’ - continuation of its commitments, operations and strategy, with the confidence that comes from a strong balance sheet. experienced leaders and a supportive long-term owner.

Atlas Holdings is a long-term industrial holdings company which specialises in international manufacturing and distribution businesses. It has investments in 27 businesses generating combined revenues of $18 billion, and employs 57,000 people.

‘They have invested in us because they believe we are a great company with a strong reputation and significant potential’ said De La Rue’s Ruth Euling, adding that Atlas Holdings has a track record of being long-term owners and investors in the companies they acquire.

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