Oberthur Fiduciaire acquires banknote paper plant VHP
Oberthur Fiduciaire has acquired from Arjowiggins Security its banknote paper production plant known as VHP, as well as all its banknote related Intellectual Property. VHP is located in The Netherlands and is equipped to manufacture paper for the Euro.
The company will be renamed VHP Security Paper. From the press release: ""VHP Security Paper has been producing and supplying state-of-the-art banknote paper throughout the world for more than 200 years. It was the right choice and the perfect match for both Oberthur and VHP. We are very excited by this new acquisition which will furthermore consolidate Oberthur Fiduciaire’s position as one of the largest and fastest growing banknote printers in the world" said Thomas Savare, CEO of Oberthur Fiduciaire."
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