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GGRAsia > Newsletter > Newsletter 5 > Crane NXT expects high-single-digit percentage growth in its U.S. currency biz in 2026
Industry TalkLatest NewsNewsletterNewsletter 5

Crane NXT expects high-single-digit percentage growth in its U.S. currency biz in 2026

Newsdesk Published September 29, 2025
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Crane NXT Co, a maker of industrial-technology products including ones for the gaming sector, says it expects its U.S. currency business to achieve a “high-single-digit” growth in 2026. The forecast was based on the U.S. Federal Reserve Board’s recently published 2026 print order, stated the company.

The Federal Reserve’s 2026 print order projects a range of 3.8 billion to 5.1 billion in banknote demand “with the volume of higher denomination banknotes – i.e., US$10, US$20, US$50 and US$100 banknotes – increasing approximately 90 percent at the midpoint versus 2025,” observed the company.

“This increase is partially offset by a decrease in expected volumes for lower denomination banknotes,” it added.

The announcement cited Aaron Saak, Crane NXT’s president and chief executive, as saying: “We are pleased with the significant increase in expected demand in 2026 for higher denomination banknotes containing advanced security features.” 

He added: “The expected growth in the U.S. currency business and the continued strong performance in international markets gives us high confidence that Crane Currency is on-track for a successful 2026.”

Mr Saak further stated: “Coupled with our recent announcement to acquire Antares Vision, we continue to execute our strategy to be the leading provider of trusted technology solutions that secure, detect, and authenticate our customers’ most important assets.”

Crane NXT announced in mid-September that it will acquire a circa 30-percent stake in Antares Vision S.p.A. at a price of EUR5.00 (US$5.9) per share for a total consideration of approximately EUR120 million. 

After closing that first acquisition, Crane NXT will launch a mandatory tender offer in Italy for the remaining publicly traded shares of Antares Vision at the same price of EUR5.00 per share. 

“Total enterprise value for 100 percent of the equity capital and current net debt of Antares Vision is approximately EUR445 million,” noted Crane NXT at the time. 

In August, management of Crane NXT said the company expects to achieve sales of about US$1.60 billion this year, the majority from its Crane Payment Innovations (CPI) business. If achieved, such figure would represent a year-on-year increase of circa 7.4 percent.

The firm said it anticipates the CPI business to generate sales of US$860 million this year, while sales in the security and authentication technologies business should top US$735 million.

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