Top Companies Report

9. SICPA Holding SA


Avenue de Florissant 41
1008 Prilly, Switzerland
Phone: +41 21-627-5555
Fax: +41 21-627-5727

Sales: In excess of $400 million (Ink World estimate)

Major Products: Security inks and features for intaglio, offset, screen, gravure, flexo and inkjet printing of banknotes and value documents. Providers and integrators of security systems for product protection and excise tax enhancement.

Key Personnel: Maurice A. Amon and Philippe Amon, executive co-chairmen.

Number of Employees: 3,000.

Comments: A privately-held company, SICPA Holding S.A. is the leading worldwide provider of security inks and solutions for most of the world’s banknotes, as well as a wide range of documents, including passports, transport tickets, plastic cards and lottery scratch cards. The company has offices and manufacturing sites in 30 locations on five continents.

SICPA is organized in three divisions: SICPA Security Inks Division, which focuses on applications such as banknotes, official ID documents such as passports, identity cards and birth certificates, postage stamps, tax banderoles, security labels and product markings; SICPA Government Security Solutions Division, which protects tax revenues for products such as tobacco, alcohol and pharmaceuticals; and SICPA Product and Brand Protection Division, which helps combat counterfeiting and illicit trade of all kinds of products.

In an important move, SICPA’s Government Security Solutions Division acquired the production unit of Olivetti I-Jet, a subsidiary of Olivetti S.p.A., based in Italy. This acquisition is a follow-up to SICPA’s earlier takeover of Olivetti I-Jet’s R&D activities on Dec. 1, 2013. As a result, SICPA now has a manufacturing and technic al position in Italy for digital-marking technologies, microelectromechanical systems (MEMS) and microfluidics management solutions.

In March 2014, SICPA announced that it has entered into an agreement to acquire Cabot Security Materials Inc. (CSMI) in Albuquerque, NM, a product division of Cabot Corporation, for approximately $20 million. Cabot’s Security Materials products include covert taggants for the anti-counterfeiting industry. CSMI generated $7 million in revenue in 2013. The sale is expected to close at the end of fiscal year 2014, pending regulatory approvals.