Crane NXT Completes Acquisition of De La Rue Authentication Solutions

Core Insights - Crane NXT has completed the acquisition of De La Rue Authentication Solutions, enhancing its portfolio in security and authentication technologies [1][2] - The acquisition is expected to be accretive to Adjusted EPS in the first full year and aims for double-digit ROIC by year five [3] Company Overview - Crane NXT is an industrial technology company focused on providing technology solutions for security, detection, and authentication [4] - The company operates through two main segments: Security & Authentication Technologies and Crane Payment Innovations, employing approximately 5,000 people [4] Strategic Fit - The acquisition of De La Rue Authentication Solutions is seen as a strategic fit within Crane NXT's Security and Authentication Technologies segment, allowing for a broader suite of solutions [2] - A new business unit called "Crane Authentication" will be created, integrating OpSec and De La Rue Authentication Solutions to enhance customer service and value creation [2]