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US group moves for ID card printer maker in £42m deal

A Dorset-based ID card printer manufacturer has been acquired by a US-headquartered group for £42m. Magicard was founded in 1992 and is headquartered in Weymouth. It supplier identification card printers with high-resolution, full-color image capabilities, built-in card security features and the ability to encode smart cards. In addition to card printers, Magicard offers TrustID desktop ID card issuance software and Securicards smart cards. The business has been acquired by Brady Corporation, a Milwaukee-headquartered manufacturer and marketer of products that identify and protect people, products and places. Brady is at the forefront of high-performance niche application industrial printers and materials, and the acquisition of Magicard adds rigid card printing and encoding capabilities to its printer offering.

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