14/11/2017 18:10:14

Topco Associates, LLC selects GLORY for partnership with Cash Automation

Elk Grove Village, Illinois, USA, Nov. 14, 2017 (GLOBE NEWSWIRE) -- Today Topco Associates, LLC announced its partnership with Glory, a global leader in cash technology solutions, to offer cash automation solutions for their members.

Topco provides solutions to its diverse retail members, which helps them profitably grow their businesses through aggregation, innovation and knowledge management. Glory has a long history of leadership in cash technology solutions, which they have been expanding upon in the retail market. This partnership enables Topco’s members access to first-in-class cash automation technology with consultative solutions and competitive terms through Topco’s buying power and Glory’s experience. This partnership allows Glory to enable operational efficiencies and greater profitability for Topco’s members, while gaining an additional retail audience for its products and services.

Greg Magrisi, Vice President of Sourcing at Topco, stated, “After extensive research on this technology, we chose to partner with Glory because of their remarkable quality, service, and industry expertise. They are the only company with the broad range of devices and capabilities to customize the right solution for every type of store.”

“We are thrilled to partner with Topco,” said Peter Wolf, SVP Retail Markets with Glory. “Topco has a great history of bringing innovation to their members which aligns with Glory’s commitment to innovation with cash technology solutions. We are excited to lead in this fast-growing category with Topco.”

Topco is dedicated to providing their members with a competitive advantage in the markets that they serve. Glory’s unique 4D process analyzes a retailer’s cash processes to jointly deliver a customized solution for each customer. This combined effort will result in exceptional value for Topco members. By automating the movement of cash, their employees can focus on customer service, while reducing idle cash and improving operational efficiency.

About Topco Associates, LLC

Topco Associates LLC is an over $14 billion, privately held company that provides aggregation,

innovation and knowledge management solutions for its leading food industry member-owners and customers, including grocery retailers, wholesalers and food service companies. Topco leverages the collective volume, knowledge and commitment of these companies to create a competitive advantage in the marketplace by reducing costs and offering winning business-building capabilities. For more information, please visit www.topco.com.

 

About GLORY

As a global leader in cash technology solutions, we provide the financial, retail, cash center and gaming industries with confidence that their cash is protected and always working to help build a stronger business.

Our cash automation technologies and process engineering services help businesses in more than 100 countries optimize the handling, movement and management of cash. While we span the globe, we personally engage with each customer to address their unique challenges and goals — enhancing staff efficiency, reducing operating costs and enabling a more rewarding customer experience.

Employing over 9,000 professionals worldwide with dedicated R&D and manufacturing facilities across the world, GLORY is built on a rich customer-focused, technology-driven heritage spanning almost a hundred years.

For further information please visit www.glory-global.com or follow us on Twitter: http://twitter.com/glory_global.

Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/1c52d302-b82c-4484-8a3e-583b37946430

Carol Mather

Topco Associates LLC

781-926-6053

cmather@topco.com

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