Oberthur Fiduciaire has announce that it has acquired from Arjowiggins Security its banknote paper production plant known as VHP, as well as all its banknote related Intellectual Property.Located in Apeldoorn, Holland, the VHP Security Paper plant is equipped to manufacture paper for the euro; has an annual production capacity of around 6,500 tonnes and employs about 130 people.The company will be renamed VHP Security Paper."VHP Security Paper has been producing and supplying state-of-the-art banknote paper throughout the world for more than 200 years," says Thomas Savare, CEO of Oberthur Fiduciaire. "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."
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