What PETERSEN-BACH A/S does

Petersen-Bach A/S is a privately held Danish company founded in 1980 and headquartered in Allerød, Denmark, with a service center in Germany. The company designs, manufactures, and services intelligent cash protection solutions built around the IBNS (Intelligent Banknote Neutralisation System) philosophy — neutralising banknotes through ink staining and real-time tracking rather than relying on weapons and armour. Its core proposition is protecting both cash assets and the lives of the people transporting them, an approach the company has championed for over 40 years.

The product portfolio spans CIT cases (PB CIT 2400, 2410, 2420 Air, 2600, and SCL), ATM security systems (InkSys-ATM for cassette-based ink neutralisation and AntiGas-EX for gas-attack mitigation), tracking systems (PB Tracking), and integrated vehicle solutions (PB DropSafe System, PB Locker System, CIT Case Racks, ATM-Trolley, Monitoring, and Soft Skin CIT Vehicles). Products are certified by German VGB and developed in collaboration with occupational therapists and working environment specialists. The company sells primarily to banks and CIT transporters, with secondary customers in retail, logistics, and defense/military.

Revenue is generated through a combination of one-time equipment sales, certified installation services, and recurring maintenance, support, and training contracts under multi-year engagements. Distribution is direct enterprise field sales, with industry visibility maintained through memberships in EAST (European Association of Secure Transactions) and ESTA (European Secure Transport Association). Pricing is not publicly disclosed; quotes are tailored to customer configurations. The company is privately held under Danish A/S structure with no disclosed shareholders, funding rounds, or M&A history.

Name

PETERSEN-BACH A/S

Legal name

Petersen-Bach A/S

Website

https://petersen-bach.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

11–50 employees

Short description

Petersen-Bach A/S is a Danish company founded in 1980 that designs, manufactures, and services IBNS-based intelligent cash protection solutions — including CIT cases, ATM security systems, tracking, and soft-skin CIT vehicles — for banks, CIT transporters, retail, logistics, and defense customers globally.

Ownership category

akta.pro rank

Product category

Cash-in-Transit and ATM Physical Security

NAICS

Armored Car Services (561613), Investigation, Guard, and Armored Car Services (56161)

SIC

Services-Detective, Guard & Armored Car Services (7381)

akta.pro primary industry

Banknote & Cash-in-Transit (CIT) Services (BPAKAIAA)

akta.pro secondary industries

CIT Route Risk Management, Tracking & Control Room Services (BPAKAIAK), CIT Equipment & Consumables (Cash Boxes, Seals, Smart Safes) (BPAKAIAL), Secure Storage, Vault Rental & Safe Custody (Non-Bank) (BPAKAIAJ), Cash-in-Transit (CIT) & Valuables Logistics Security (IMAIAEAL)

Keywords

• Intelligent cash protection
• Cash-in-transit security
• ATM security systems
• Banknote neutralisation technology
• IBNS security solutions

Headquarters

HQ city

Allerød

HQ country

Denmark

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Security Equipment Sales: Sale of physical security products including CIT cases, ATM security systems, tracking devices, and related security equipment. Products are sold directly to enterprise customers (banks, CIT transporters, retailers) with customization to customer specifications.
2. Installation Services: Certified staff installation services for security systems in CIT vehicles and at customer premises. Part of comprehensive security solution delivery.
3. Maintenance and Support Services: Ongoing maintenance, support, and training services to ensure systems remain up-to-date and operational. Support available online and by phone.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Petersen-Bach A/S designs, manufactures, sells and services intelligent cash protection hardware and integrated security solutions built on IBNS (Intelligent Banknote Neutralisation System) principles for banking institutions, cash-in-transit (CIT) transporters, retailers, logistics companies and defense organizations. Its portfolio includes security CIT cases, ATM ink-staining and gas-attack protection modules, real-time tracking systems, deposit and locker systems, ergonomic trolleys, and fully equipped Soft Skin CIT vehicles, delivered with counselling, design, installation, maintenance, training and support services.

Product overview

Petersen-Bach A/S offers a comprehensive portfolio of intelligent cash protection solutions based on IBNS (Intelligent Banknote Neutralisation System) technology. The product line includes CIT cases (PB CIT 2400, 2410, 2420 Air, 2600, and SCL), ATM security systems (AntiGas-EX and InkSys-ATM), tracking solutions (PB Tracking), and vehicle-based systems (PB DropSafe System, PB Locker System, CIT Case Racks, ATM-Trolley, and Monitoring). The core philosophy focuses on protecting human life through non-armour, non-weapon solutions that neutralize banknotes through ink staining and enable real-time tracking, rather than escalating conflicts.

Differentiator

Problem solved

Functional benefit

Products and services

• PB CIT 2400 Case Rack-mountable CIT security case with handle sensors, designed for walking transport mode in vehicles or safe areas, certified by German VGB and co-developed with occupational therapists.
• PB CIT 2410 Case CIT security case designed for use with the PB DropSafe system, allowing immediate reuse by emptying straight into the in-vehicle deposit system.
• PB CIT 2420 Air Case CIT security case with the same security features as PB CIT 2400, specifically adapted for air transport of valuables.
• PB CIT 2600 Case Trolley case designed to safely transport and store large amounts of cash, suitable for collecting daily turnover in shopping malls.
• SCL Case Retail-facing case stored in a back-room rack where cash is deposited during the business day and exchanged by a CIT transporter in an end-to-end system.
• AntiGas-EX ATM gas explosion protection system using multi-gas sensors to detect even small quantities of combustible gas and strategically placed glow igniters to burn the gas safely before it reaches explosive volume, protecting ATMs, surrounding buildings and people.
• InkSys-ATM Intelligent, versatile and robust banknote-staining system built into the lid of ATM cassettes that neutralizes the value of banknotes through ink degradation and deters violent actions against CIT transporters.
• PB Tracking Real-time asset tracking and monitoring system enabling exact-position tracking of valuables and assets, designed to be combinable with all Petersen-Bach solutions.
• PB DropSafe System Deposit system mounted in CIT vehicles that works with PB CIT 2410 cases for safe and easy cash collection in a closed circuit, with cases reusable for multiple collections.
• PB Locker System

Quantifiable outcome

• Drastic decrease in attacks on ATMs and branches after implementing IBNS ink- and tracking-based solutions
• +1 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Four partnerships are on record, tiered core and minor.

• EAST (European Association of Secure Transactions)coreOthersMember of EAST, a European association focused on secure transactions. This membership provides industry visibility, networking opportunities, and alignment with industry standards and best practices in secure cash handling.
• ESTA (European Secure Transport Association)coreOthersMember of ESTA, the European Secure Transport Association. Membership demonstrates commitment to industry standards and provides access to industry developments and best practices in the cash-in-transit sector.
• VBG (Verband der Bavaria Geldtransport-Unternehmen)minorOthersGerman association with which Petersen-Bach products are certified. CIT cases are certified by VBG, providing credibility and market access in the German-speaking markets.
• Security World MarketminorGTM or Marketing PartnerIndustry media partner for news and information sharing in the security industry. Provides platform for industry news coverage and visibility.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Loomis: One of the world's largest cash-handling companies providing CIT, vault, and cash-management services across Europe and globally. Comparable as both a direct CIT operator that buys similar equipment and a broad incumbent shaping buyer standards for intelligent cash protection.
• NCR Atleos: ATM-focused spin-off of NCR serving banks and CIT operators with hardware, software, and services. Comparable as a key ATM OEM whose cassettes and machines host Petersen-Bach's IBNS and gas-protection products, and as a broader incumbent shaping ATM security specifications.
• Diebold Nixdorf: Major ATM hardware manufacturer and services provider with deep relationships with global banks and CIT operators. Comparable as the dominant ATM platform on which Petersen-Bach's InkSys-ATM cassettes and AntiGas-EX modules are deployed, making it a complementary/incumbent ecosystem player.
• Giesecke+Devrient (Cash Division / Veridos): German security technology group with a cash and banknote-security portfolio, including intelligent cash-protection and CIT solutions. Comparable as a broad incumbent in European cash security with overlap in IBNS-adjacent technology and shared buyer base.
• Brink's: Global cash management and CIT giant offering secure logistics, ATM services, and intelligent cash-protection solutions. Comparable because it both operates CIT fleets and supplies/procures IBNS-grade technology for its own armored and intelligent operations.

Direct peers

• 3SI Security Systems: Provider of security solutions for cash and valuables protection including tracking, dye-pack, and intelligent asset protection. Comparable as a direct IBNS/anti-robbery technology peer addressing similar banking and retail cash-handling use cases.
• Gunnebo: Swedish security equipment group specializing in safes, vaults, cash-handling, and physical security solutions for banks and CIT operators. Comparable because it sells directly overlapping product categories (safes, vaults, cash-protection) to the same banking and CIT buyer base in Europe.
• Perlorium (formerly Oberthur Cash Protection / Perco): European supplier of cash-protection solutions including intelligent banknote neutralization systems and CIT equipment for banks and cash-transport operators. Closely comparable as a direct IBNS peer serving the same buyer profile with overlapping products.
• Schwab Safe (Schwab Cash Protection): Supplier of CIT cases, smart safes, and cash-protection equipment to CIT operators and retailers in Europe. Comparable as a focused equipment peer competing in the same cash-in-transit case and smart-safe categories.

Regional players

• Serrure / SICURITALIA Group (cash-protection units): Italy-based security and cash-protection services provider with intelligent cash-handling offerings for Southern European banks and CIT operators. Comparable as a regional cash-security peer sharing European buyer dynamics but operating primarily in different national markets than Petersen-Bach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/petersen-bach-a-s

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PETERSEN-BACH A/S