G4S Cash Solutions – the largest provider of cash solutions in the UK – has been awarded a three-year extension to its contract with WM Morrison plc – the UK’s fourth largest food retailer.
The contract will see G4S providing cash in transit services to all 425 Morrisons stores throughout the UK, consolidating its position as the leading provider of cash services to the UK retail industry with clients including Tesco and Marks & Spencer.
The contract extension, which is worth £4.5m a year, encompasses cash deliveries and collections, ATM replenishment and specialist services to Morrisons entire estate.
Phil Shingler, sales and marketing director, G4S Cash Solutions (UK), said: “We are delighted to have secured a three-year extension on this prestigious contract. G4S has both the logistical expertise and national infrastructure to ensure that customers like Morrisons experience consistently high level of services throughout the UK.”
Cat Hiley, Morrisons stores cash control manager, said, “G4S has provided a consistently high level of service as our business has grown, and as our national expansion plan will see us increase selling space by one million square feet over two years, having partners like G4S who have the size and expertise to scale their services up to match our growth will be of huge importance.”
G4S has provided cash services to Morrisons since 2004, a period which has seen the number of Morrison stores in the UK increase from 134 to 425.
Source: G4S Cash Solutions
