Gunnebo Signs Memorandum of Understanding With Transguard

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The MOU will allow the two companies to work more closely together on major Systems Integration projects in the UAE.

Gunnebo has signed a Memorandum of Understanding (MOU) with Transguard, expert in security, facilities management, cash services and white-collar staffing in the UAE. The MOU will allow the two companies to work more closely together on major Systems Integration projects in the UAE.

In the last ten years, Gunnebo and Transguard has developed a close partnership within Cash Management Solutions where Transguard has embedded Gunnebo’s solutions for cash deposit into its Cash-In-Transit services to the retailers in Dubai. With this MOU, the partnership is taken to the next level, also including full system integration solutions to secure high-risk sites.

“Formalising our collaboration with Gunnebo will further strengthen our ability to offer the latest in innovative technology solutions to our customers,” says Dr. Abdulla Al Hashimi, Chief Executive Officer, Transguard Group. “We look forward to working closely with Gunnebo on a number of major Systems Integration projects, including perimeter intrusion, hostile vehicle mitigation, access control and physical security information management.”

“We are especially pleased to announce this MOU with Transguard Group, as their robust position in the UAE offers a unique growth proposition,” says Stefan Syrén, Gunnebo’s President and CEO. “We look forward to further developing this market with Transguard."

About Transguard Group:
Established in 2001, Transguard Group is an Emirates Group and Al Hail Holding company with an available workforce of 70,000. Offering flexible solutions for all of the UAE’s staffing needs, Transguard is the region’s most trusted expert in security, facilities management, cash services and white-collar staffing – and much more in between. With an annual turnover of approximately AED 2.8 billion in the 2018-2019 financial year, Transguard’s expertise is in supplying the right people for its clients, precisely when and where they’re needed.

GUNNEBO AB (Publ)
Group Communications

For more information, please contact:
Karin Wallström Nordén, SVP Marketing & Communication Gunnebo Group, tel. +46 708 283339

Gunnebo AB (publ) is a leading, global security provider offering a range of sustainable security products, services and software to retail, mass transit, public and commercial buildings, industrial and high-risk sites, and banks. Gunnebo operates within four core Business Units: Safe Storage (38% of Group sales), Cash Management (21%) Entrance Control (20%), and Integrated Security (21%).

In 2018, the Group had a turnover of MSEK 5,100 generated by 4,500 employees located in 25 countries across Europe, the Middle East, Africa, Asia-Pacific and the Americas.