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KBA-NotaSys Becomes Koenig & Bauer Banknote Solutions

Friday, November 08, 2019

Press release from the issuing company

A new name for the world market leader in high-security printing solutions. KBA-NotaSys announces the change of its corporate name to Koenig & Bauer Banknote Solutions as of 1 June 2020. The name change will harmonize brands within the Koenig & Bauer Group and has no influence on the organization and structure of KBA-NotaSys. A global overhaul of the logo, the website and related visuals will be presented during the first half of 2020.

KBA-NotaSys was founded in 1952 as Organisation Giori, and became De La Rue Giori in 1964. Since 2001, the company is part of the German industrial group Koenig & Bauer, and initially adopted the company name KBA-GIORI. It was rebranded as KBA-NotaSys in 2011.

Eric Boissonnas, CEO of KBA-NotaSys, explains: "The renaming of KBA-NotaSys to Koenig & Bauer Banknote Solutions reflects the operational and structural situation that has existed for many years, and ensures consistency across the entire group. It does not impact the current or future activities of our company. It's all about fully integrating the Koenig & Bauer brand, both in the complementarity of the technical solutions we offer and in our visual identity. In this way, we want to ensure the continuity of our brand and offer our unique know-how under a single global name."

KBA-NotaSys is the last entity of the group to be renamed as Koenig & Bauer. The "Banknote Solutions" addition reflects the company’s core competence: providing banknote printing technology solutions.

World leader in the field of printing for 200 years, the Koenig & Bauer Group is historically the oldest manufacturer of printing presses in the world. With nearly 5,700 employees worldwide and a turnover of EUR 1.2 billion at the end of 2018, the Group enjoys a strong reputation, and a recognized and well-established image in the printing industry.

The Koenig & Bauer Group has four distinct and specialized product segments: Sheetfed, Digital & Webfed, Flexo and Special. KBA-NotaSys is part of the Special segment, focusing on security printing, especially banknotes. Each company in this industrial line is a leader in its field and offers highly technological solutions.

Claus Bolza-Schünemann, CEO of Koenig & Bauer, concludes: "We are very proud that KBA-NotaSys is joining our brand. Since 2001, we offer different, but complementary technologies. The new name Koenig & Bauer Banknote Solutions reflects the unique competence of the company in the world. As of now, our combined know-how will become even clearer for our customers."

 

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