HM Precious Metals opened this year by announcing the addition of powder blanks producer Reischauer to its portfolio, followed shortly by the acquisition of Royal United Mint. Coin & Mint News™ spoke to Thomas Frey, CEO of HM Precious Metals, about its aim to provide a complete portfolio, recent rebrand from Heimerle + Meule, and future plans for the Group.

A few recent personnel updates from The Royal Mint, Royal Dutch Mint, MKS PAMP, and Schuler.

Precious metal producer and supplier Heimerle + Meule Group has announced its rebranding to HM Precious Metals, with immediate effect. The rebranding has occurred in the course of the Group’s ongoing internationalisation and, it says, is an adaptation of the company’s name to optimise it for worldwide use.

Following its acquisition of Reischauer, the Heimerle + Meule Group has announced its purchase of the Royal United Mint from the Belgian Heylen Group, which is the world’s second largest private industrial holding company in the production of coins.

A few recent personnel updates from The Royal Mint, Monnaie de Paris, Mint Directors Association, and Bavarian State Mint.

Coiniverse, the coin collecting app set up by the Mint of Finland, has been spun off from the Mint into an independent startup. As an independent startup, the company aims to increase its user base across the globe and create a trusted collector community where mints are readily accessible.

Royal United Mint, the parent company of the Royal Dutch Mint and the Belgian Mauquoy Token Company, has acquired Osborne Coinage Co, based in Cincinnati, Ohio and the oldest private mint in the US.

Singapore-based DBS, the largest bank in Southeast Asia, was one of four winners of the inaugural CashTech Innovation awards, presented at the Future of Cash Conference in Madrid in September.

Gräbener Pressensysteme celebrated its 100th year in business last October. The specialist knuckle joint and coin minting press company, based in Netphen-Werthenbach, Germany was entered in the local commercial register in Siegen, Germany in October 1921.

At the Future of Cash conference, Chris Forero-Slee introduced his business, Shrap. As he said, he does not expect to be popular with those who make their living from or who like coins. Shrap (the company presumably takes its name from shrapnel, ie. fragments of shells or bullets but also a colloquial term for small change) is a solution that offers an alternative to coins, which they regard as a ‘pain point’ in payments.