The evolution of Oberthur Technologies from printer to security leader
Oberthur Technologies may just be the ‘youngest old company’ in the card business. Sound like a contradiction? Consider this, it was founded in the mid-1800s but it was just twenty years ago that its first product was produced.
For 150 years, the company ran paper through printing presses. Today it is a world leading plastic card producer, but it didn’t produce its first card until very recently. Now they are changing once again, expanding from a payment card producer to a leader in the security business.
With sales of roughly $1.2 billion in 2007, Oberthur continues to surge forward, reporting sales and revenue increases that, particularly in today’s dour economic climate, would be the envy of most corporations.
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