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Moneybox gets exclusive ATM supply deals in UK

October 5, 2004

The Scotsman: Independent ATM operator Moneybox is set to install ATMs in restaurants and coffee shops across the United Kingdom after signing a five-year deal with catering giant Compass. Moneybox will become the preferred ATM supplier for Compass across its 9,000 UK locations, including the Whistlestop, Harry Ramsden's, Caffe Ritazza and Upper Crust brands. Moneybox said it had identified at least 100 suitable sites for ATMs in 2005. Moneybox has also secured a five-year preferred supplier deal with motorway services group Moto to install ATMs. The firm did not disclose financial details of the deals, but said its net debt position at the end of December would be increased by £1 million (U.S. $1.8 million) as a result.

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