The leading German manufacturer of security papers, Drewsen Spezialpapiere, has acquired Portals Paper, a renowned British producer of high-security papers and a market leader in passport papers and identity documents. This strategic acquisition unites the expertise of two specialized industry leaders, offering the market an unparalleled range of knowledge and capabilities.
Financial terms of the transaction have not been disclosed.
In an age where counterfeit products can be created and disseminated with increasing ease, the merger of Drewsen and Portals marks a pivotal development. Together, they offer an exceptionally broad range of security features for paper solutions, ensuring diverse and the highest levels of counterfeit protection. The coming together of these two successful papermaking companies will deliver significant expansion potential and business benefits for both parties, their customers, employees and shareholders, while also preserving the independence and unique strengths of each business.
Both papermakers, rich in heritage and tradition, have cultivated a strong culture of reliability and excellence, backed by solid financial performance. They have earned outstanding reputations through long-term relationships and a relentless commitment to exceeding the needs of their customers and the broader market.
This well-planned partnership is built on strong foundations and close collaboration, ensuring the same seamless service and high quality that their shared customer base have trusted for hundreds of years.
Both companies will remain and be run as individual entities, each specialising within their own areas of expertise and strengths and with a shared commitment to quality, security, sustainability and innovation.
Matthias Rauhut, CEO of Drewsen Spezialpapiere, commented:
“This acquisition is an exciting development and represents a new chapter for both our organisations. Driven by a clear vision and shared values, mutual trust, transparent cooperation, and a commitment to strategic collaboration, DREWSEN and PORTALS are stronger together, and we are ready to shape the future of the security paper industry. With the ability to offer both Fourdrinier and Cylinder Mould paper making solutions, we can offer our customers new and unique possibilities, allowing for tailored, innovative security paper solutions that meet the highest standards. Additionally, we offer a unique network for the best customer advice, ensuring that our clients always have access to expert guidance for their specific needs.”