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NorgesGruppen orders 120 MNOK of StrongPoint’s cash management solution CashGuard

Published: 30. April 2021

StrongPoint has today signed a new agreement with NorgesGruppen, the largest grocery retailer in Norway, to supply and install multiple CashGuards, StrongPoint’s cash management solution, throughout one of NorgesGruppen’s grocery store brands. The CashGuards will be replacing older cash management equipment that had previously been installed by StrongPoint and was nearing the end of its life cycle.

The value of the order is approximately NOK 120 million, excluding the cost of installation and future technical support. The CashGuards will be delivered and installed to NorgesGruppen stores between Q3 2021 and Q4 2022.

“We are pleased that NorgesGruppen continues to invest in StrongPoint’s CashGuard cash management solution. This agreement demonstrates the continued need to ensure the smooth, safe, and efficient handling of cash in stores. StrongPoint’s CashGuard is one of the leading cash management solution on the market, and is renowned for its quality, reliability and security,” said Jacob Tveraabak, CEO of StrongPoint ASA.