January 5, 2018
GLORY Launches Direct Sales & Service Presence in Ireland
We are pleased to inform you that Glory Global Solutions (International) Ltd., our overseas subsidiary in U.K., has commenced direct sales and maintenance of our machines in Ireland through its newly established subsidiary which will trade as GLORY Ireland, as a result of the acquisition of the assets of Semeci Limited, a leading provider of cash automation solutions in Ireland.
1. Purpose of our establishing GLORY Ireland:
Based on our concept that the Ireland is a promising market for our growth in the financial and retail markets, we intend to expand our overseas business through securing the resources of direct sales and maintenance in Ireland.
2. The date of commencing the business of GLORY Ireland:
January 4, 2018
3. Business Outlook:
The effect of the acquisition to the current consolidated business of GLORY is expected to be minimal.
About GLORY LTD.
GLORY LTD., headquartered in Himeji, Japan, is a pioneer in the development and manufacture of money handling machines and systems. GLORY provides a variety of products such as money handling machines, cash management systems, vending machines, automatic service equipment, and cash management solutions that are built on its leading-edge recognition/identification and mechatronics technology. Committed to meet society's wide-ranging needs, GLORY serves the financial, retail, vending machine, amusement and gaming industries in over 100 countries around the world. GLORY employs approximately 9,000 people worldwide. For more information about GLORY, please visit GLORY's group website at http://corporate.glory-global.com/.
- GLORY LTD.
- Corporate Communications Dept.
Information in this document is current on the date of the announcement and subject to change without prior notice.