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Gunnebo Continues to Optimise Its Global Manufacturing Footprint

The Gunnebo Group will further optimise its cash management manufacturing
footprint. Manufacturing from the Trier plant in Germany will therefore be
transferred to other manufacturing units within the Group. The plant has some 30
employees in manufacturing and a turnover of €9 million.
The consolidation will predominantly be done to improve customer service levels
and manufacturing efficiency. The plan is to transfer production from Trier to
manufacturing units in Binefar, Spain and Jakarta, Indonesia. Product
development, prototyping and customer support functions for cash recycling
products will however be kept in Trier.
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