OTCPK:EUCTF - Post by User
Comment by
Chutzpahon Oct 16, 2017 3:38pm
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Post# 26818284
RE:Authentix Ownership Change
RE:Authentix Ownership Changekidl2 wrote: Finally figured out how Authentix became a UK company. The Carlyle Group sold Authentix to Blue Water Energy LLP sometime this year. My search for deal details didn’t yield anything but the details are essentially inconsequential. What is anything but inconsequential are the companies Blue Water owns.
You can get brief company descriptions by clicking on the individual companies right here:
Authentix has always been the “problem competitor” for GFI. With this ownership change, GFI’s problem has gone from big to super-sized. The O&G expertise, global reach and infrastructure of the Blue Water group of companies dwarfs what Carlyle may have brought to the table in the past.
SICPA’s global connections were supposed to level the playing field and they probably did in some ways but this ownership change has imho once again given Authentix an advantage SICPA will have great difficulties competing with.