ATM company GRG International Limited (GRG) has entered into agreements with two new US distribution partners; ValueTec Financial Equipment LLC and American Bank Equipment. Both will provide regional sales and support coverage for GRG ATMs and related banking products. The exclusive agreement with ValueTec Financial Equipment LLC gives GRG ATM sales, marketing and service rights to Valutec in Arizona, Colorado and Wyoming. ValueTec has more than 20 years of financial equipment experience and has sold ATM products to more than 500 financial institutions across seven states. The exclusive agreement with American Bank Equipment gives GRG coverage to American Bank Equipment in Missouri, Kentucky and Ohio. American Bank Equipment has a trusted reputation for sales and service of financial equipment throughout the world and has a large inventory and knowledgeable team of technicians.
GRG International is in a partnership between Global Cash Services and GRG Banking of Guangzhou, the largest ATM manufacturer in China. GRG International was founded to distribute GRG Banking products in the main English-speaking markets. GRG Banking is the largest ATM manufacturer in China, one of the largest ATM suppliers in the Asian region and is listed on the Shenzhen Stock Exchange with a $A2.2billion market capitalisation. The company leverages GRG Banking’s resources to design, develop, manufacture and sell ATMs, ATM management software and spare parts without incurring the associated overheads. GRG International will also sell the comprehensive range of other GRG Banking products such as Recyclers, Teller Cash Dispenser, Automatic Depository and Kiosk products. GRG International has exclusive rights to distribute GRG ATMs in the United States, Canada, Australia, United Kingdom and Ireland and non exclusive rights to the Mexican, South African and Indian markets.
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Tags: ATM Machines, Distribution Agreement, Financial Services, GRG, GRG International
