Epiris Fund II announces its first investment February 2nd, 2018

Epiris today announces that Epiris Fund II, advised by Epiris LLP, has agreed to acquire Portals De La Rue (“Portals”), one of the world’s leading manufacturers of paper, or “substrate”, for banknotes, from De La Rue plc. This will be Fund II’s first investment.

Portals manufactures substrate used to make banknotes and security documents such as passports, vehicle registration documents and birth and marriage certificates. The company operates from two sites in the UK and supplies substrate to private and public sector customers for more than 100 countries.


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