Shell Denmark Forms Cash Handling Partnership with Gunnebo

Regulatory News:

The Gunnebo Security Group (STO:GUNN) will provide and service the closed cash handling solution, SafePay, for Shell’s petrol stations across Denmark.

Shell Denmark will equip its Danish network of petrol stations with Gunnebo’s closed cash handling solution, SafePay, with delivery during 2014. The agreement includes service for the solution for the next five years.

"We tested SafePay during 2013 with good results. The system is helping us to increase the security and efficiency of our cash handling process,” says Maria Beck-Tange, Retail Director for Shell Denmark. "The site staff has reacted very positively towards the initiative. This is an important milestone for Shell in terms of increasing security.”

"Denmark is one of the most developed markets in the world when it comes to closed cash handling,” comments Morten Andreasen, SVP EMEA at Gunnebo. "This framework agreement cements our position as the leading supplier of such solutions. We have been a trusted business partner to Shell for many years and I am extremely pleased with the continued trust and confidence that Shell is showing in Gunnebo through this order.”

SafePay™ is Gunnebo’s solution for a controlled, secure and efficient cash handling process in retail stores. It makes stores safer, removes cash differences and reduces back office administration. Read more about the solution at www.gunnebo.com/safepay.

Gunnebo AB Communication

The Gunnebo Security Group provides efficient and innovative security solutions to customers around the globe. It employs 5,700 people in 33 countries across Europe, Asia, Africa, Australia and Americas, and has a turnover of €580m. Gunnebo focuses its global offering on Bank Security & Cash Handling, Secure Storage, Global Services and Entrance Control.

We make your world safer.

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