COOP renews SafePay™ contract with Gunnebo

COOP in Sweden, Norway and Denmark has extended its general agreement regarding the integrated cash handling system SafePay with Gunnebo security group for a further three years. The agreement covers delivery, installation and service of the completely closed and integrated SafePay™ cash handling system.

The general agreement, was signed with COOP’s Nordic procurement organisation COOP Trading, runs for three years and encompasses delivery and installation of all parts of the SafePay system for COOP’s Nordic organisation. “A safe store and a safe environment for our personnel and customers are high priorities for COOP,” says Anders Gruvfors, manager of the Coop Nära chain. “The new SafePay with ink protection provides a closed system all the way from the store to the counting centre. The cash goes directly from the SafePay system to the CIT company without any exposure whatsoever. The general agreement means we have chosen a business partner and that together with Gunnebo we are working towards a feasible vision of a cash-secure store,” Anders Gruvfors concludes. Gunnebo and COOP have been collaborating on SafePay since 2003 and COOP now has some 950 SafePay systems installed in its stores throughout the Nordic region. “COOP is by far one of Gunnebo’s most important SafePay customers, and we have enjoyed a collaboration on closed cash handling for several years. This agreement is very important for Gunnebo as it shows that COOP is satisfied with our collaboration to date and would now like to move forward together,” says Gunnebo President and CEO Per Borgvall. GUNNEBO AB (publ) Group Communications For further information, please contact: Per Borgvall, President and CEO Gunnebo AB, tel. +46 (0)31-83 68 00, or Karin Wallström, Communication Manager Gunnebo AB, tel. +46 (0)31-83 68 06, mobile: +46 (0)708-28 33 39, or e-mail: karin.wallstrom@gunnebo.com Gunnebo may be required to disclose the information provided herein pursuant to the Swedish Securities Markets Act. The information was submitted for publication at July 2, 14.01 CET.