G4S Cash Solutions lands Morrisons contract29 April 2010
G4S Cash Solutions lands £13.5m Morrisons contract
G4S Cash Solutions (‘G4S’), 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 £4.5 million a year, encompasses cash deliveries and collections, ATM replenishment and specialist services to Morrisons entire estate. 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.
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. As one of the country’s leading retailers Morrisons needs partners it can rely on. 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, “Every week, ten million customers pass through our doors and more than 130,000 colleagues across the business work hard to deliver great service to them. So ensuring we have the right quantity and denominations of cash at our checkouts and ATMs is of vital importance.
“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.”
- Lindsay Fox
(Marketing and Communications Manager)
: +44(0)20 8722 2410
- G4S Media Enquiries
: +44 (0)7973 672 649
About G4S Cash Solutions (UK)
A subsidiary of G4S plc, G4S Cash Solutions is the leading UK provider of cash solutions, including secure cash transportation, ATM outsourcing solutions and outsourced till management. In the UK we deploy more than 7,000 employees and utilise a fleet of around 2,000 vehicles throughout a network of 44 cash transportation branches and 10 cash and coin centres.
About G4S plc
G4S is the world's leading security solutions group, which specialises in outsourcing of business processes in sectors where security and safety risks are considered a strategic threat. G4S is the largest employer quoted on the London Stock Exchange and has a secondary stock exchange listing in Copenhagen. G4S has operations in more than 110 countries and over 595,000 employees. For more information on G4S, visit www.g4s.com.