Gemalto acquires Trub AG's secure document business further strengthening its world leadership in digital identity programs f...
10 Février 2015 - 7:00AM
Gemalto (Euronext NL0000400653 - GTO), the world leader in digital
security, today announced that it has signed a definitive agreement
to acquire the secure document business from Trüb AG.
Trüb has a 150 year history of secure printing. Headquartered in
Aarau, Switzerland, it has been a pioneer in eco-friendly and
highly secure polycarbonate technology. Today, Trüb provides
identification solutions primarily to governments and banks and is
a leading provider of high security polycarbonate identity
documents. Known for its innovation capabilities, Trüb has also
introduced a number of patented security features to the
market.
The Trüb business will reinforce Gemalto's leadership in high
security identification documents and will also enable Gemalto to
serve the Swiss market of Financial Institutions. Once completed,
the acquisition will contribute to Gemalto revenues by
approximately CHF 100 Million on a full year basis. The transaction
will be immediately accretive to adjusted EPS (Earnings Per Share
before purchase price allocation) upon completion.
"Trüb is well-respected in the security market, known for its
quality, imagination and high-end security technologies," said
Olivier Piou, Gemalto CEO. "This acquisition contributes to the
expansion of our Government Programs business and positions Gemalto
as the only supplier to operate dual polycarbonate production
facilities in Europe."
"We really welcome the opportunity to join Gemalto, which will
provide us with greater scale and market access," said Fernando Dal
Zotto, Trüb CEO. "In addition, Gemalto's broad Platforms &
Service offers will enable us to propose full solutions to our
customers."
The terms of the transaction, which is expected to close in the
second quarter of 2015, were not disclosed.
About Gemalto
Gemalto (Euronext NL0000400653 GTO) is the world leader in
digital security with 2013 annual revenues of €2.4 billion and more
than 12,000 employees operating out of 85 offices and 25 research
and software development centers, located in 44 countries.
We are at the heart of the rapidly evolving digital society.
Billions of people worldwide increasingly want the freedom to
communicate, travel, shop, bank, entertain and work – anytime,
everywhere – in ways that are enjoyable and safe. Gemalto delivers
on their expanding needs for personal mobile services, payment
security, authenticated cloud access, identity and privacy
protection, eHealthcare and eGovernment efficiency, convenient
ticketing and dependable machine-to-machine (M2M)
applications. We develop secure embedded software and secure
products which we design and personalize. Our platforms and
services manage these products, the confidential data they contain
and the trusted end-user services made possible.
Our innovations enable our clients to offer trusted and
convenient digital services to billions of individuals. Gemalto
thrives with the growing number of people using its solutions to
interact with the digital and wireless world.
For more information visit www.gemalto.com,
www.justaskgemalto.com, blog.gemalto.com, or follow @gemalto on
Twitter.
Press release (PDF):
http://hugin.info/159293/R/1893024/670657.pdf
CONTACT: Investor Relations
Gabriel Rangoni
M.: +33 6 1426 6956
gabriel.rangoni@gemalto.com
John Lineberger
M.:+33 6 1243 6304
john.lineberger@gemalto.com
Corporate Communication
Isabelle Marand
M.: +33 6 1489 1817
isabelle.marand@gemalto.com
Media Relations Agency
Suzanne Bakker
M. : +31 6 1136 8659
suzanne.bakker@citigateff.nl
Edi Cohen
M. : +31 6 2151 7820
edi.cohen@citigateff.nl
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