Editorial: A Year of Acquisitions

The secure document and identity sector is going through a period of significant change, driven by mergers and acquisitions that I covered throughout 2024.

As we start a new year, I want to take a step back and consider not just the headlines but the historical events and strategic thinking behind them.

The consolidation wave sweeping the industry has deep historical roots.

Companies like IN Groupe, HID, and Crane NXT have consistently used acquisitions to expand their capabilities and maintain their competitive edge.

In this context, the historical formation of Veridos provides a prime example of strategic collaboration shaping the secure identity sector. Established in 2015 as a joint venture between G+D and Bundesdruckerei, Veridos was conceived to pool the expertise and technological capabilities of two major players in the field of secure documents and identity solutions.