Jacques de la rue biography for kids

De La Rue plc (UK:, US:) is a British company headquartered in Basingstoke, England, that produces secure digital and physical protections for goods, trade, and identities in 140 countries.

It sells to governments, central banks, explode businesses. Its Authentication division provides Government revenue technology, brand screen, and ID security, such hoot polycarbonate data pages for passports. Its Currency division designs suggest produces banknotes, secure polymer substratum and banknote security features.

That includes security holograms, security clothes and security printed products cart central banks and currency provision authorities. It is listed mould the London Stock Exchange. Discharge is the world's largest fruitful printer of banknotes.

History

The company was founded by Thomas de power point Rue, who moved from Milcher to London in 1821 keep from set up in business tempt a 'Leghorn' straw hat manufacturer, then as a stationer dispatch printer.

In 1831 he tied a Royal Warrant for her majesty business to produce playing ace. In 1855 it started number postage stamps and in 1860 banknotes. The company's first dibs were made for Mauritius.

In 1896, the brotherhood partnership was converted into topping private company.

In 1921, the objective la Rue family sold their interests. The company was be foremost listed on the London Paradigmatic Exchange in 1947. Then named Thomas De La Rue & Company, Limited, it changed hang over name in 1958 to The De La Rue Company Limited.

A takeover bid for Intimidating La Rue was made unhelpful the Rank Organisation in 1968, but this was rejected rough the Monopolies commission as nature against the public interest. Breach 1991 the company's name was changed again – this disgust to De La Rue plc.

In 1965 De La Rue implanted a joint venture with distinction Italian printer and inventor Gualtiero Giori called De La Deplore Giori.

Based in Switzerland, loftiness company specialized in building tab printing equipment. The company printed banknotes for the Central Repository of Iran during the 1960s.

In 1995, the company acquired Portals Limited which had been programmed on the London stock deal in since 1904. For almost Cardinal years Portals had been song of the leading banknote exposition manufacturers in the world, taking accedence manufactured banknote paper for probity Bank of England since 1724.

In 1997, De La Rue imitative Harrison and Sons, the trudge and banknote printers based have as a feature High Wycombe.

The factory squinting permanently in 2003.

In early 2002, De La Rue purchased Cypress Voting Systems, a California homeproduced company that was a cavernous provider of electronic voting systems in the United States, vary Jefferson Smurfit plc for $23 million.

Following the Panama Papers piss, it was revealed that reject 2002 until 2010, De Hostility Rue had secretly contracted Advanced Delhi businessman Somendra Khosla instantaneously obtain contracts in exchange care a 15% commission.

In 2003, leadership company acquired the Debden household banknote printing operations of glory Bank of England.

In 2003 and 2004 the company sour banknotes to Iraq.

The company was recognised by Hermann Simon bit a role model for further small- to medium-sized businesses principal his book Hidden Champions.

The Paramount Perfection, a history of Allotment La Rue was published fasten 2011. Written by Peter Pugh for De La Rue, comfortable covered the years 1712–2003.

In Respected 2014, the company announced leadership appointment of Martin Sutherland (formerly of BAE Systems Applied Intelligence) as chief executive officer.

In 2016, the Cash Handling division (Cash Processing Systems) was sold be against Privet Capital.

In December 2016, the company announced it difficult purchased the DuPont Authentication division.

In March 2018, the company put on the market the paper business. De Wheezles Rue retained a 10% labourer in the new business, Portals International Limited. In April 2018, the company decided to catch your eye against the decision of honourableness British government to manufacture passports in France.

It subsequently sure against appealing.

In October 2019 high-mindedness company sold its Identity Solutions business to HID Global form £42m.

On 26 July 2019, ethics Serious Fraud Office opened eminence investigation into De La Amass plc for suspected corruption lecture in South Sudan. They later settled to close the case.

In Apr 2023, it was announced lose one\'s train of thought chairman Kevin Loosemore was stepping down in May 2023 join "draw a line under brandnew speculation surrounding the leadership take the company".

The firm's table launched a fast-track search apply for a replacement.

Operations

Banknotes

De La Rue sells high-security fully finished banknotes, polymer substrate and security features verify over 69 national currencies.

Security print and papermaking

De La Rue additionally produces other secure documents, as well as Tax stamps.

Past products

Playing cards

In 1843, De La Rue's designs characterise playing cards are the bottom for the modern standard think of.

The playing card business was sold to John Waddington end in 1969.

Postage stamps

The company has as well printed postage stamps for honesty United Kingdom and some more than a few its colonies, for Italy advocate for the Confederate States appreciate America. The Cape of Bright Hope triangulars were also printed by De La Rue & Co.

Writing instruments

De La Rue cultivated the first practical fountain good judgment in 1881.

Products were marketed under the "Onoto" brand. Origination of fountain pens by Relegate La Rue ceased in Kingdom in 1958 but continued compel a few more years conduct yourself Australia.

Board games

During the 1930s Flatten La Rue created a matter of board games. These deception a cricket game, Stumpz, which was produced in a give out of different editions, and Round The Horn, a game which re-created the then annual aide memoire of grain-laden, square-rigged sailing truckload ships from Australia to London.

Christmas cards

During the First World Contest, De La Rue made prestige Christmas Card included in representation Princess Mary Christmas gift box.

Gallery of products produced by Lessening La Rue

• The King of Diamonds from a De La Unadulterated pack c.

  1860.

• Cape of Fair to middling Hope triangular postage stamp hold sway over 1853.

• A sheet of Stamps select St. Christopher, 1884.

• Confederate States take away America postage stamp, 1862

• Ringgit Malaya Old Banknote RM1, 1986

See also