ITAB signs agreement for delivery of loss prevention solutions to leading European grocery chain
ITAB Group (“ITAB”) has signed an agreement with a leading grocery chain for the delivery of entrance & exit gates with integrated software aimed at improving loss prevention in their stores across Europe. The implementation will begin in May 2024 and the total value of the contract is estimated for at least MEUR 8 over three years.Together with the customer, a Dutch based leading grocery chain with global footprint, ITAB has developed tailored loss prevention solutions for the customer’s stores with the aim of reducing the risk for theft and shrinkage. Under the contract, ITAB will deliver