About Cardel
Cardel is a company based in Baldock (United Kingdom) founded in 2017 was acquired by Sorb Industri in July 2024. Cardel has completed 1 acquisition, including VTT.
- Headquarter Baldock, United Kingdom
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website cardel.co.uk
- Social LinkedIn
- Acquired by Sorb Industri (Jul 2024)
- Investors
- Investments & Acquisitions
- Acquired bySorb Industri
(Jul 2024)
Investors in Cardel
Cardel has secured backing from 1 investor. Prominent investors backing the company include Sorb Industri.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | sorb.se | - |
Investor details for Cardel
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- Complete investor list
- Round participation
- Investor portfolios
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People of Cardel
1 people are tracked at Cardel (1 in leadership).
| Name | Role | Group |
|---|---|---|
Marshall Haldane | CEO | Leadership |
Complete people profiles for Cardel
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- Full employee list
- Team structure
- Board tenure
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Investments & Acquisitions by Cardel
Cardel has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include VTT.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Manufacturer of lamination plates for secure applications | vtt.de | Langenhagen, Germany | 1996 | Sep 2022 | •••• |
Complete acquisition details for Cardel
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- Acquired stakes
- Deal sources
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- Exports
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Timeline of Cardel
3 dated milestones of Cardel across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Cardel is founded.
- Acquisition Acquires VTT.
- Exit Acquired by Sorb Industri.
Similar companies to Cardel
10 companies that operate in the same segment as Cardel (Banking Equipment Manufacturers), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Banking ATMs and self-service solutions are manufactured for financial institutions. | 1859 | North Canton, Ohio, United States | – | USD 3.81 B | 21,000 | |
Payment and innovative technology solutions are provided globally. | 1957 | Rio De Janeiro, Rio De Janeiro, Brazil | – | USD 376.06 M | – | |
Cash and coin processing equipment is manufactured for various applications. | 2014 | Oldham, Greater Manchester, United Kingdom | – | – | – | |
Manufacturer of ATM | 2006 | Bengaluru, Karnataka, India | USD 53.55 M | USD 68.91 M | – | |
Cash automation technology equipment is manufactured by Talaris. | 1996 | Basingstoke, Hampshire, United Kingdom | USD 11.5 M | – | – | |
Money counters, coin sorters, and currency scanners are manufactured. | 1887 | Mount Prospect, Illinois, United States | – | – | – | |
ATM management products and services are provided by Triton. | 1979 | Harrisonville, Missouri, United States | – | – | 93 | |
Designer and manufacturer of premium metal payment cards and security solutions | 2000 | Somerset, United States | – | USD 420.57 M | 1,010 | |
Note counters, sorters, and POS devices are manufactured. | 1918 | Basingstoke, Hampshire, United Kingdom | – | – | – | |
Manufacturer of secure payment, ID, and access cards | 1985 | Paderborn, North Rhine-westphalia, Germany | – | USD 37.56 M | 270 |
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Frequently Asked Questions about Cardel
Cardel was founded in 2017.
Cardel is headquartered in Baldock, United Kingdom.
Marshall Haldane is the current CEO of Cardel.
Cardel was established in 2017 in Baldock, United Kingdom, within the manufacturing sector. Lamination plates and pads for credit and smart cards are produced as core components. Operations center on specialized fabrication processes for card technology applications. Leadership is provided by CEO Marshall Haldane. The company serves clients in the secure card industry from its UK base, with focus on precision engineering standards.
Cardel has made 1 acquisition, including VTT.
Cardel has 1 investor. Key investors include Sorb Industri.
Yes. Cardel was acquired by Sorb Industri in July 2024.