G4S Cash Solutions has formed a strategic alliance with a major global IT provider to offer ATM secure engineering to both companies’ respective customers. This decision will combine G4S’s existing ATM secure engineering capability with expertise in areas such as engineering maintenance, analytics and provision of hardware and software solutions. The alliance assumes the sale of 100% of G4S’s UK Engineering business and will see the transfer of 380 engineers and support staff to the company’s new partner.
G4S’s Secure Engineering business maintains and services approximately 6,000 ATMs as well as cash and note re-cycling devices deployed at customer sites as part of its Cash360 product service range. Cash360 is an end to end cash management solution that is tailored to fit the diversity of many business requirements such as different store sizes and business objectives, providing cash recycling devices that secure, sort and store notes and coins, at either point of sale or back office retail locations.
