The total proceeds for the State amounts to 3.6 million euro, so is Tuesday, published. If the loan of 1.2 million euros from the Currency when the State is repaid, there remains a net revenue of 2.4 million euro.
the building of the Mint in Utrecht is sold to a private company. For the time being, the production is still in the same location, but in time, Heylen is looking for other housing in Utrecht or the surrounding area. It has around ninety people at the Royal Dutch Mint.
The government made at the end of april already known the muntenproducent to want to privatize. The company, which has been around since 1567 in Utrecht is established, is wrong already for a longer time in financial heavy weather.
In the sales process have twenty interested parties reported, of which ten an indicative offer on the table.
The Currency provides, among other things, that the damaged coins to be seized and destroyed. In addition, the company has a role in tackling counterfeiting. These tasks are after the sale, acquired by The Dutch central Bank.
Souverniermunten
Heylen Group, thinks that the KNM is a good complement to its existing muntactiviteiten. The investor has Mauquoy Token Company, National Tokens and Royal Blanking International in its portfolio. These are Belgian companies that are active in the field of the production of metal token coins, promotional coins and souvenirmunten.
“Thanks to the acquisition of KNM, we now have a complementary product portfolio. Because of this, we can make our ambition to be the world’s most competent mint to be for small and medium-sized countries, a reality”, says Didier Clerx, CEO of Heylen.
To KNM again to be profitable, thinks the Belgian group to focus on revenue growth, knowledge development and cost reduction.
The KNM stores since 1807 the Dutch coins, there are also many foreign coins. An order from Chile to 850 million pesos caused major problems and resulted in the muntenbedrijf a fine for breach of contract.
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