Posted on Friday, December 16, 2011
ITW Covid Security Group Inc., has today (Dec 15th 2011) announced the acquisition of Fasver S.A.S of Baillargues, France and its subsidiary Fasver Technology, Inc. of Wilmington, DE.
Fasver S.A.S is a global leader of security printed products in the paper and plastic document market. For more than 25 years, Fasver S.A.S has been securing passports, national identity cards, driver's licenses, visas, and other critical documents for governments around the globe.
"It's our goal to build a strong foundation of security products, and provide greater value and a wider range of products to our broad base of customers around the world" said Arthur Bucci, General Manager, ITW Covid Security Group Inc. "The acquisition of Fasver by ITW Covid Security Group Inc., is a positive step along that path, and will allow us to leverage both companies expertise for further product development to deliver new and better ways of protection to our customers." With the formalisation of the acquisition, the company's brand name will be Fasver, an ITW Company.
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Jeremy Plimmer has 35 years of experience in the security related print and packaging industry working originally as sales development director for manufacturers of passports, high security print and labels and more recently as a consultant. He is a graduate member of the Chartered Institute of Marketing, a Fellow of the Institute of Minerals, Materials and Mining, chairman of the West Midlands Packaging Society as well as vice chairman of the East Midlands Packaging Society.Read More
The Product & Image Security Foundation is a non-profit making trade association which was originally formed under the name of Label & Tag Security International (LTSI) in the early 1990's.
Today it operates with more than 100 members in 27 countries and is the premier international forum for manufacturers, suppliers and users of labels, tags, packaging, identification systems, materials and systems for any form of product security, brand image protection or product traceability applications and technology.