De La Rue

De La Rue plc (UK: /ˈdɛləruː/, US: /ˌdɛləˈruː/) is a British banknote manufacturing, security printing of passports and tax stamps, brand authentication and paper-making company with headquarters in Basingstoke, Hampshire, England. It also has a factory on the Team Valley Trading Estate, Gateshead, and other facilities at Loughton, Essex, and Bathford, Somerset.[2] There are overseas offices in Kenya, Sri Lanka and Malta. It is listed on the London Stock Exchange.

De La Rue plc
Public limited company
Traded asLSEDLAR
IndustryPrinting
Founded1821
HeadquartersBasingstoke, Hampshire, United Kingdom
Key people
Revenue£454.5 million (2016)[1]
£66.8 million (2016)[1]
£54.9 million (2016)[1]
Websitewww.delarue.com

History

The company was founded by Thomas de la Rue (1793–1866), who moved from Guernsey to London in 1821 and set up in business as a 'Leghorn' straw hat maker, then as a stationer and printer.[3] In 1831 he secured his business a Royal Warrant to produce playing cards. In 1855 it started printing postage stamps and in 1860 banknotes.[3] In 1896, the family partnership was converted into a private company.[3]

In 1921, the de la Rue family sold their interests.[3] The company was first listed on the London Stock Exchange in 1947.[3] Then called Thomas De La Rue & Company, Limited, it changed its name in 1958 to The De La Rue Company Limited.[3] A takeover bid for De La Rue was made by the Rank Organisation plc in 1968, but this was rejected by the Monopolies commission as being against the public interest.[4] In 1991 the company's name was changed again – this time to De La Rue plc.[3]

In 1965 De La Rue established a joint venture with the Italian printer and inventor Gualtiero Giori called De La Rue Giori. Based in Switzerland, the company specialized in building banknote printing equipment.[5] The company printed banknotes for the Central Bank of Iran during the 1960s.[6]

In 1995, the company acquired Portals Limited which had been listed on the London stock market since 1904. For almost 300 years Portals had been regarded as the leading banknote paper manufacturer in the world, having manufactured banknote paper for the Bank of England since 1724.[7]

In 1997, De La Rue acquired Harrison and Sons, the stamp and banknote printers based in High Wycombe. The factory closed permanently in 2003.[8]

In early 2002, De La Rue took over ownership from Smurfit Diamond Packaging Corporation of Sequoia Voting Systems, a California-based company that was a large provider of electronic voting systems in the U.S., for U.S. $23 million.[9] After losing money for three years in a business way out of the company's traditional lines, on March 2005 Sequoia was sold to Smartmatic, a multi-national technology company which had developed advanced election systems, voting machines included.

In 2003, the company acquired the Debden-based banknote printing operations of the Bank of England.[10]

In 2003 and 2004 the company supplied banknotes to Iraq.[11][12]

The company was recognised by Hermann Simon as a role model for other small- to medium-sized businesses in his book Hidden Champions.[13]

The Highest Perfection,[14] a history of De La Rue was published in 2011. Written by Peter Pugh for De La Rue, it covered the years 1712–2003.[14]

In August 2014, the company announced the appointment of Martin Sutherland (formerly of BAE Systems Applied Intelligence) as chief executive officer.[15]

In 2016, the Cash Handling division (Cash Processing Systems) was sold to Privet Capital.

In September 2016, the Bank of England issued its polymer five pound note, the first note from the bank to be printed on polymer.[16]

In December 2016, the company announced it will acquire the DuPont Authentication division.[17][18]

In March 2018, the company sold the paper business which will now trade independently. De La Rue retains a 10% share in the new business, Portals.[19]

In April 2018, the company decided to appeal against the decision of the British government to manufacture their Post-Brexit passports in France. [20]

Operations

Bank of England printing at Debden
The Debden Security Printing Ltd printing facility, owned by De La Rue, which prints Bank of England banknotes.

Banknotes

De La Rue sells high-security paper and printing technology for over 150 national currencies.[21]

Security printing and papermaking

De La Rue also produces a wide range of other secure documents, including:[21]

Past products

Playing cards

In 1843 De La Rue established its first overseas trade, as de la Rue's brother Paul travelled to Russia to advise on the making of playing cards. Thomas de la Rue's designs for playing cards are the basis for the modern standard design. The playing card business was sold to John Waddington in 1969.[22]

Postage stamps

The company has also printed postage stamps for the United Kingdom and some of its colonies, for Italy and for the Confederate States of America. Some famous stamps such as the Cape of Good Hope triangulars were printed by De La Rue & Co. after Perkins Bacon fell out of favour with the postal authorities of the time. The first 50 years of postage stamp production were chronicled in John Easton's The De La Rue History of British and Foreign Postage Stamps 1855–1901 (Faber & Faber, London, 1958).

Writing instruments

De La Rue claims to have developed the first practical fountain pen in 1881 and was a leading manufacturer of fountain pens in Britain. Products were marketed under the "Onoto" brand. Production of fountain pens by De La Rue ceased in Britain in 1958 but continued for a few more years in Australia.[23]

Board games

During the 1930s De La Rue created a number of board games. These included a cricket game, Stumpz, which was produced in a number of different editions, and Round The Horn, a game which re-created the then annual race of grain-laden, square-rigged sailing cargo ships from Australia to London. The games consisted of high quality components and used playing cards as part of the component set.[24]

Gallery of products produced by De La Rue

Delarue-king-diamonds

The King of Diamonds from a De La Rue pack c. 1860.

Cape Triangular Postage Stamp

Cape of Good Hope triangular postage stamp of 1853.

St. Christopher 1884 1 penny stamp sheet

A sheet of Stamps for St. Christopher, 1884.

See also

References

  1. ^ a b c (PDF) http://www.delarue.com/~/media/Files/D/DeLaRue-V2/reports-and-presentations/reports/2016rep/de-la-rue-ar-2016.pdf. Missing or empty |title= (help)
  2. ^ "How did Libyan money come to be printed in Britain?". BBC. 2 September 2011. Retrieved 2 September 2011.
  3. ^ a b c d e f g De La Rue History
  4. ^ Competition Commission Reports Archived 4 March 2009 at the Wayback Machine
  5. ^ International Directory of Company Histories, Volume 34 (2000), p. 141
  6. ^ Shargi, Ali (15 December 1998), ESKENĀS, VIII/6, Encyclopædia Iranica, pp. 615–624
  7. ^ "Cash machine". The Economist. 11 August 2012. Retrieved 28 March 2015.
  8. ^ "Up to 350 jobs to go at printing firm". Your Local Guardian. 7 October 2002. Retrieved 28 March 2015.
  9. ^ Sequoia Voting systems Receives Mandate from De La Rue, Kiosk Marketplace, May 29, 2002.
  10. ^ Bank of England: Sale of Bank Note Printing Operations
  11. ^ Moore, By James. "Iraq windfall gives lift to De La Rue". The Daily Telegraph. Retrieved 4 January 2017.
  12. ^ "De La Rue shares surge on deal to print new banknotes for post-Saddam". The Independent. 8 July 2003. Retrieved 4 January 2017.
  13. ^ Simon, Hermann: Hidden Champions of the 21st Century : Success Strategies of unknown World Market Leaders. London: Springer, 2009.- ISBN 978-0-387-98147-5.
  14. ^ a b Pugh, Peter (2011). The Highest Perfection. Icon Books Ltd. ISBN 978-184831-335-4.
  15. ^ "Banknote printer De La Rue appoints BAE's Sutherland as boss". The Telegraph. 29 August 2014. Retrieved 8 November 2014.
  16. ^ "The New Fiver has been issued | Bank of England". www.bankofengland.co.uk. Retrieved 4 January 2017.
  17. ^ "De La Rue to Acquire DuPont Authentication Business | Healthcare Packaging". www.healthcarepackaging.com. Retrieved 4 January 2017.
  18. ^ Goldsmith, Courtney (12 December 2016). "De La Rue shares rise after it says it will acquire DuPont Authentication". Retrieved 4 January 2017.
  19. ^ https://polaris.brighterir.com/public/de_la_rue/news/rns/story/xp0p7mw
  20. ^ Elgot, Jessica (2018-04-02). "Post-Brexit passports contract: De La Rue to appeal against decision". the Guardian. Retrieved 2018-04-03.
  21. ^ a b "About us". delarue.com. Archived from the original on 25 June 2014. Retrieved 28 March 2015.
  22. ^ Wintle. "History of De La Rue". The World of Playing Cards. Retrieved 28 March 2015.
  23. ^ "History of Onoto Pens". onoto.com. Archived from the original on 23 April 2015. Retrieved 28 March 2015.
  24. ^ "Stumpz by Thos. de la Rue & Co. Ltd". replaycricket.com. Archived from the original on 2 April 2015. Retrieved 28 March 2015.

External links

2016 Liège–Bastogne–Liège

The 2016 Liège–Bastogne–Liège was a one-day classic cycling race that took place on 24 April 2016. It was the fourth cycling monument of the 2016 season and was the thirteenth event of the 2016 UCI World Tour. The race came at the end of the spring classics season.

The race took place on a 248-kilometre (154 mi) route that started in Liège, headed to Bastogne and returned to Liège before ending in Ans. The route included many hills, especially in the final 70 kilometres (43 mi), which were the principal difficulty in the race. Originally the race was scheduled to take place on a 253-kilometre (157 mi) route, but due to the bad weather conditions the race was shortened. Alejandro Valverde (Movistar Team) was the defending champion and was among the favourites for victory, following his victory in La Flèche Wallonne the previous week.

The decisive move in the race came in the final classified climb of the day, the Côte de la Rue Naniot, where Michael Albasini (Orica–GreenEDGE) initiated a four-man breakaway. The group contested the sprint for victory, with Wout Poels (Team Sky) winning ahead of Albasini and Lampre–Merida's Rui Costa.

Ali Zaoua

Ali Zaoua: Prince of the Streets is a 2000 Moroccan crime drama film that tells the story of several homeless boys living in Casablanca. It was awarded in the 2000 Stockholm Film Festival, Montreal World Film Festival and in the 2000 Amiens International Film Festival.

Automated teller machine

An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, transfer funds, or obtaining account information, at any time and without the need for direct interaction with bank staff.

ATMs are known by a variety of names, including automatic teller machine in the United States (ATM, American, British, Australian, Malaysian, South African, Singaporean, Indian, Maldivian, Hiberno, Philippines and Sri Lankan English), often redundantly ATM machine, automated banking machine (ABM, Canadian English). Although ABM is used in Canada, ATM is still very commonly used in Canada and many Canadian organization used ATM over ABM. In British English, the terms cash point, cash machine, minibank (the official name of the Yorkshire bank ATMs), and "hole in the wall" are most widely used. Other terms include any time money, cashline, nibank, tyme machine, cash dispenser, bankomat or bancomat. Many ATMs have a sign above them, indicating the name of the bank or organisation that owns the ATM, and possibly including the networks to which it can connect. In Canada, ABMs that are not operated by a financial institution are known as "white-label ABMs".

According to the ATM Industry Association (ATMIA), there are now close to 3.5 million ATMs installed worldwide. However, the use of ATMs in Australia is gradually declining – most notably in retail precincts.On most modern ATMs, customers are identified by inserting a plastic ATM card (or some other acceptable payment card) into the ATM, with authentication being by the customer entering a personal identification number (PIN), which must match the PIN stored in the chip on the card (if the card is so equipped), or in the issuing financial institution's database.

Using an ATM, customers can access their bank deposit or credit accounts in order to make a variety of financial transactions such as cash withdrawals, check balances, or credit mobile phones. ATMs can be used to withdraw cash in a foreign country. If the currency being withdrawn from the ATM is different from that in which the bank account is denominated, the money will be converted at the financial institution's exchange rate.

Couvent des Jacobins de la rue Saint-Jacques

The Couvent Saint-Jacques, Grand couvent des Jacobins or Couvent des Jacobins de la rue Saint-Jacques was a Dominican monastery on rue Saint-Jacques in Paris. Its complex was between what are now rue Soufflot and rue Cujas. Its teaching activities was the origin of the collège des Jacobins, a college of the historic university of Paris.

De La Rue (crater)

De La Rue is the remnant of a lunar impact crater, or possibly several merged craters, creating a formation sometimes called a walled plain. It lies in the northeastern part of the Moon on the near side, and so appears foreshortened due to its location. This formation lies to the north-northwest of the prominent crater Endymion, just beyond the eastern extreme of Mare Frigoris. The crater Strabo intrudes into the northern part of De La Rue's northern rim, and the smaller Thales is attached to the northwestern part of the wall.

The crater was named after Warren De la Rue, who took some of the first photos of the moon.

The perimeter of De La Rue is a disintegrated mass of hills, irregular ground, and notches from old craters. The rim is generally rounded along the northwest half, while a formation to the southeast intrudes into the crater resulting in a somewhat straightened wall along that flank. The overall result is a somewhat pear-shaped perimeter. There are remnants of small craters along the south-southeast rim, and several ghost-crater rims lie along the interior floor beside the northern inner wall.

Near the midpoint of the relatively flat interior floor is the bowl-shaped satellite crater De La Rue J. There is rough ground attached to the southern rim of this crater, and low hills just to the west. The inner floor is rougher along the southeast side. The remaining floor is marked by many tiny craterlets, with a notable pair in the northeast part of the interior.

De La Rue baronets

The de la Rue Baronetcy, of Cadogan Square in Chelsea in the County of London, is a title in the Baronetage of the United Kingdom. It was created on 17 June 1898 for Thomas de la Rue, Chairman of Thomas de la Rue and Co.

Hippolyte De La Rue

Air Commodore Hippolyte Ferdinand (Frank) De La Rue, CBE, DFC (13 March 1891 – 18 May 1977) was a senior commander in the Royal Australian Air Force (RAAF). Joining the Mercantile Marine as a youth, he became a pilot in Britain's Royal Naval Air Service during World War I. In 1918, he was given command of No. 223 Squadron in the newly formed Royal Air Force. The following year he took charge of No. 270 Squadron RAF in Egypt. Returning to Australia, De La Rue joined the short-lived Australian Air Corps in 1920, and became a founding member of the RAAF in March 1921. Specialising in maritime aviation, he led seaplane formations based at Point Cook, Victoria, during the 1920s and early 1930s.

De La Rue was appointed commanding officer of No. 1 Flying Training School at Point Cook in 1933. He was promoted to group captain in 1937 and took command of RAAF Station Richmond, New South Wales, the following year. At the outbreak of World War II, De La Rue was slated to lead an air expeditionary force to Great Britain, but this plan was abandoned after Australia committed itself to the Empire Air Training Scheme. Promoted to temporary air commodore, he served as Air Officer Commanding Western Area from 1941 to 1943, and finished the war as Inspector of Administration at RAAF Headquarters, Melbourne. Nicknamed "Kanga", De La Rue retired from the Air Force in 1946, and died in 1977 at the age of eighty-six.

Lao kip

The kip (Lao: ກີບ; code: LAK; sign: ₭ or ₭N; French: kip; officially: ເງີນກີບລາວ, lit. "currency Lao kip") is the currency of Laos since 1952. Historically, one kip was divided into 100 att (ອັດ).

List of bridges in Paris

There are many bridges in the city of Paris, principally over the River Seine, but also over the Canal de l'Ourcq.

Milord (song)

"Milord" (French pronunciation: ​[milɔʁ]) or "Ombre de la Rue" [ɔ̃bʁə də la ʁy] ("Shadow of the Street") is a 1959 song (lyrics by Georges Moustaki, music by Marguerite Monnot), famously sung by Édith Piaf. It is a chanson that recounts the feelings of a lower-class "girl of the port" (perhaps a prostitute) who develops a crush on an elegantly attired apparent upper-class British traveller (or "milord"), whom she has seen walking the streets of the town several times (with a beautiful young woman on his arm), but who has not even noticed her. The singer feels that she is nothing more than a "shadow of the street" (ombre de la rue). Nonetheless, when she talks to him of love, she breaks through his shell; he begins to cry, and she has the job of cheering him up again. She succeeds, and the song ends with her shouting "Bravo! Milord" and "Encore, Milord".

The song was a #1-hit in Germany in July 1960. In UK it reached #24 (1960), in Sweden #1 during 8 weeks (15/6-1/8 1960), in Norway #6 (1959), and in the United States #88 (Billboard Hot 100 in 1961).

Muraleetharan Papers

The Muraleetharan Papers are a collection of philatelic research documents by George Muraleetharan in eleven volumes that form part of the British Library Philatelic Collections. The papers relate to British Commonwealth postage stamps including: "...the 1935 Silver Jubilee issue, the 1937 Coronation issue, the 1947 Victory or Peace issue, 1953 Coronation issue, the Royal portraits for the issues of George V, George VI and Elizabeth II, correspondence relating to security printers, the Royal Mint Archives, De La Rue Archives, and Australian issues in the Australian Archives."

Paul-Henri de Le Rue

Paul-Henri de Le Rue (born 17 April 1984) is a French snowboarder who competed at the 2006 Winter Olympics in Turin, Italy. de le Rue won bronze in the men's snowboard cross event and is currently competing in the Freeride World Tour.[1]

He is the brother of snowboarders Xavier de Le Rue and Victor de Le Rue.

Pierre de la Rue

Pierre de la Rue (c. 1452 – 20 November 1518) was a Franco-Flemish composer and singer of the Renaissance. His name also appears as Piersson or variants of Pierchon and his toponymic, when present, as various forms of de Platea, de Robore, or de Vico. A member of the same generation as Josquin des Prez, and a long associate of the Habsburg-Burgundian musical chapel, he ranks with Agricola, Brumel, Compère, Isaac, Obrecht, and Weerbeke as one of the most famous and influential composers in the Netherlands polyphonic style in the decades around 1500.

Salle Le Peletier

The Salle Le Peletier (sometimes referred to as the Salle de la rue Le Peletier or the Opéra Le Peletier) was the home of the Paris Opera from 1821 until the building was destroyed by fire in 1873. The theatre was designed and constructed by the architect François Debret on the site of the garden of the Hôtel de Choiseul on the rue Lepeletier. Due to the many changes in government and management during the theatre's existence, it had a number of different official names, the most important of which were: Théâtre de l'Académie Royale de Musique (1821–1848), Opéra-Théâtre de la Nation (1848–1850), Théâtre de l'Académie Nationale de Musique (1850–1852), Théâtre de l'Académie Impériale de Musique (1852–1854), Théâtre Impérial de l'Opéra (1854–1870), and Théâtre National de l'Opéra (1870–1873).

Thomas de la Rue

Thomas de la Rue (24 March 1793 – 7 June 1866) was a printer from Guernsey who founded De La Rue plc, a printing company which is now the world's largest commercial security printer and papermaker.

Théâtre National de la rue de la Loi

The Théâtre National de la rue de la Loi was a Parisian theatre located across from the Bibliothèque Nationale de France on the rue de la Loi, which was the name of the rue de Richelieu from 1793 to 1806. The theatre was built by the actress and theatre manageress Mademoiselle Montansier, and opened on 15 August 1793. It was designed by the architect Victor Louis and had a capacity of 2,300 spectators. The theatre was demolished in 1820, and its former site is now the Square Louvois.The theatre served as the principal home of the Paris Opera from 26 July 1794 to 13 February 1820 during which time it was known variously as the Théâtre des Arts (1794), the Théâtre de la République et des Arts (1797), again as Théâtre des Arts (1803), the Académie Impériale de Musique (1804), the Académie Royale de Musique (1814), again as Académie Impériale de Musique during the Hundred Days of Napoleon, and finally again as the Académie Royale de Musique (1815–1820). The theatre has also been referred to as the Montansier opera house.Other names have included Salle de la rue de la Loi, Salle de la rue de Richelieu, Salle Montansier, and Théâtre Montansier, although the latter two names have also been used to refer to two other theatres built and/or managed by Montansier: the Théâtre Montansier in Versailles and the Théâtre du Palais-Royal.

Vingtaine de la Rue

Vingtaine de la Rue is one of the four vingtaines of Grouville Parish on the Channel Island of Jersey.

Warren De la Rue

Warren De la Rue (15 January 1815 – 19 April 1889) was a British astronomer, chemist, and inventor, most famous for his pioneering work in astronomical photography.

Waterlow and Sons

Waterlow and Sons Limited was a major worldwide engraver of currency, postage stamps, stocks and bond certificates based in London, Watford and Dunstable in England. The company was founded as a family business in 1810. It was acquired in 1961 by De La Rue.

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