Free Newsletter
Register for our Free Newsletters
Newsletter
Zones
Access Control
LeftNav
Alarms
LeftNav
Biometrics
LeftNav
Detection
LeftNav
Deutsche Zone (German Zone)
LeftNav
Education, Training and Professional Services
LeftNav
Government Programmes
LeftNav
Guarding, Equipment and Enforcement
LeftNav
Industrial Computing Security
LeftNav
IT Security
LeftNav
Physical Security
LeftNav
Surveillance
LeftNav
View All
Other Carouselweb publications
Carousel Web
Defense File
New Materials
Pro Health Zone
Pro Manufacturing Zone
Pro Security Zone
Web Lec
 
ProSecurityZone Sponsor
 
ProSecurityZone Sponsor
 
ProSecurityZone Sponsor
 
ProSecurityZone Sponsor
 
ProSecurityZone Sponsor
 
ProSecurityZone Sponsor
 
 
News

Morpho Completes Acquisition of Carvajal Card Division

Morpho : 04 October, 2011  (Company News)
Columbian card manufacturing company acquisition provides Morpho with access to the South American banking industry security market
Morpho Completes Acquisition of Carvajal Card Division
After completing all required approval procedures, Morpho (Safran group) has finalized the acquisition of Valores Plasticar, the card manufacturing and personalization centres of the Colombian group Carvajal, initially announced on July 12, 2011. This transaction positions Morpho as a leader in the Latin American banking market.

Commenting on the closing, Philippe d’Andréa, Executive Vice President, Morpho, e-Documents Division, said: “We are delighted to have finalized this transaction, which is perfectly aligned with Morpho’s development strategy within the security market in this part of the world.”

The new business will be integrated into Morpho as of October 1, 2011. Marcelo Bellini Garcia has been appointed Managing Director of the new operation. Mr Garcia previously served as Sales and Marketing Director, Brazil and Vice President Sales Banking and IAM, Americas of Morpho’s e-Documents Division.
Bookmark and Share
 
Home I Editor's Blog I News by Zone I News by Date I News by Category I Special Reports I Directory I Events I Advertise I Submit Your News I About Us I Guides
 
   © 2012 ProSecurityZone.com
Netgains Logo