ID management firm buys card player

26 Oct 2005

Up to €3m in revenues and 10 new jobs are to be created over the next three years following Irish identity management company Safeguard Systems decision to acquire the Plastic Card Company (PCC) for an undisclosed sum.

Safeguard Ireland is a wholly owned subsidiary of Safeguard Systems Europe. It is one of the world’s leading suppliers of manual and computerised business management systems. Safeguard Ireland produces all the software requirements for the Safeguard European operations.

Peter Plant, director of Safeguard Ireland, estimated that the acquisition will bring in between €2m and €3m in additional revenues over the next three years and create up to 10 new jobs.

“Given the synergies that exist between our companies, this is a textbook acquisition. It complements our existing product range and enhances our business, enabling us to provide our customers with a complete solution,” said Plant.

Naas-based PCC is a plastic card production management company servicing a variety of industries using plastic cards and related technologies and is regarded as a leader in plastic card manufacturing, personalisation and fulfillment.

Government, retail, banking, hospitality, healthcare and education are among the numerous sectors where the plastic card medium is a centre piece in customer communications, relationships and retention.

By John Kennedy