Gunnebo receives framework agreement to install SafePay™ from Leroy Merlin

The Gunnebo Security Group has signed a framework agreement with Leroy Merlin, a leading DIY retail chain in Europe, to deliver, install and service the completely closed and integrated SafePay™ cash handling system in all of its Italian stores.

The framework agreement runs for three years and includes the coin and note units of SafePay™, as well as the CTU (Cash Transfer Unit), through the wall (TTW) unit, software, installation, training, help desk and routine maintenance. Leroy Merlin plans to install the SafePay units in 52 stores across Italy. If fully utilised, the framework agreement could include delivery of over 500 units up to 2013.

“The introduction of a closed cash handling system in Leroy Merlin’s shops is in line with the strategic will of the company to focus shop teams towards the development of an exclusive relationship with clients,” says Vincent Gentil, CEO of Leroy Merlin Italy.
“In the future, our clients will take care of the entire payment process autonomously. This enables our staff to focus more on the clients themselves and their shopping experience. Payment using SafePay brings about far greater staff availability which will establish a more pleasant relationship with clients during all the stages of payment.”

“This framework agreement can be seen as a breakthrough for closed cash handling systems on the Italian market, and it strengthens Gunnebo’s leadership as a supplier of efficient cash handling solutions to the retail market in Southern Europe,” comments Christian Guillou, SVP Region South Europe at Gunnebo.

“The agreement is the result of a long-term partnership between Gunnebo and Leroy Merlin stretching back years, where Gunnebo previously has delivered deposit safes and entrance control solutions,” says Marco Depaoli, Country Manager Gunnebo Italy. “We are very proud of the continued confidence Leroy Merlin is showing in Gunnebo’s ability to deliver solutions supporting them in their endeavour to improve the shopping experience for their customers.”

Group Communications

For further information, please contact:
Christian Guillou, SVP Region South Europe at Gunnebo, tel. +33 6 86 49 72 05, or
Marco Depaoli, Country Manager Gunnebo Italy, tel. +39 348 520 75 03, or
Karin Wallström, Communication & IR Director Gunnebo AB, tel. +46 10 2095 026, or e-mail

Gunnebo discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 08.01 CET on February 9, 2011.

Gunnebo security group has an annual turnover of MEUR 650 and 5,700 employees. We are suppliers of integrated security solutions for bank, retail and sites in need of high security protection. Our experience and presence make your world safer.