Talaris
Talaris was a British cash-management company, spun off from De La Rue in 2008 and acquired by Glory Ltd. in 2012, later merged into Glory Global Solutions.
Last updated September 29, 2026
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Overview
Talaris Ltd. was a British company that produced various products for handling cash. Its customers were primarily banks, but also casinos and shops. The company employed 2,100 people worldwide across 30 locations. In the 2009/2010 financial year, revenue reached £305.6 million and operating profit was £57.8 million. According to its own statements, Talaris was the world market leader with a 67% market share. Paul Heiden was Chairman of Talaris, and Tim Robinson held the position of CEO. In Germany, Talaris operated through the sales and service company Talaris Cash Systems (Germany) GmbH in Neu-Isenburg. Talaris was acquired in October 2012 by Glory, the Japanese market leader for money handling solutions. In April 2013, Talaris was merged with the international business of Glory Ltd. and has since been called Glory Global Solutions Ltd.
History
Talaris Ltd. was formed in 2008 when the cash management business of De La Rue was spun off as part of a management buyout. The financing was largely provided by the Carlyle Group. Talaris had about forty years of experience in cash management and approximately 250 registered patents. In October 2012, Talaris was acquired by Glory, the Japanese market leader for money handling solutions. In April 2013, Talaris was merged with the international business of Glory Ltd. and has since been called Glory Global Solutions Ltd.
- 2013
Talaris was merged with the international business of Glory Ltd. and renamed Glory Global Solutions Ltd.
- 2012
Talaris was acquired by Glory, the Japanese market leader for money handling solutions.
- 2008
Talaris was formed through a management buyout of De La Rue's cash management business, financed largely by the Carlyle Group.
Products and positioning
World market leader in cash handling with a 67% market share (per own statements).
Cash recycling systems
For bank counter use.
Money counting machines
For bank counter use.
Safes
Various designs.
ATMs
Cash machines.
Cash dispensing devices
Cash dispensing equipment.
CashInsight Assure
Software for banks.
Sources2 sources
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