Carlyle Europe Partners purchased the UK-based company, which was previously called De La Rue Cash Systems, in 2008 for GBP360m from the De La Rue group.
Carlyle has focused on expanding Talaris’s footprint around the world since acquiring the company.
Talaris, which has 1900 employees across the world, has offices in more than 20 countries.
Glory president Hirokazu Onoe the acquisition would provide a global distribution and maintenance service network, the additional solution capabilities of Talaris Group, as well as an extensive customer base.
Talaris CEO Tim Robinson said that during Carlyle’s four year ownership, their earnings have increased by more than 40% and they have expanded into many new and emerging markets.
Bank of America Merrill Lynch and Clifford Chance have advised Carlyle while KPMG and Slaughter & May advised Glory.
