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Stock impact report

Crane NXT Completes Acquisition of OpSec Security

Crane NXT, Co. (CXT) 
Company Research Source: GlobeNewswire
Creates New Security and Authentication Technologies Segment, Consisting of Crane Currency and OpSec Security Sam Keayes Appointed Senior Vice President, Security and Authentication Technologies WALTHAM, Mass. and LONDON, May 07, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced that it has completed its acquisition of OpSec Security (“OpSec”), a global leader in brand protection and authentication solutions. Aaron W. Saak, Crane NXT’s President and CEO, stated: “Acquiring OpSec is a major milestone in the execution of our growth strategy. We are thrilled to officially welcome the OpSec team to Crane NXT. With this acquisition, we will expand our capabilities across the entire authentication value chain, creating a leading brand and product authentication platform. We look forward to working with our new colleagues to solidify our position as a leader in providing solutions that secure, det Show less Read more
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