London (PRWEB UK) 12 February 2013
Arle Capital Partners today announced that Innovia Films (Innovia), one of Arles portfolio companies, has signed an agreement with 50/50 joint venture partner, the Reserve Bank of Australia (RBA) to acquire its 50% share in Securency International (Securency). The acquisition is being funded from Innovias existing cash reserves and is expected to complete on 28th February 2013.
Securency, which has been jointly owned by Innovia and the RBA since 1998, is a world leader in banknote counterfeit prevention through the manufacture and supply of its advanced Guardian
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