RCS - ME Group Intl. - Partnership extension with Morrisons Supermarket

ME InternationalAnnouncement

20/01/2025 07:00

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RNS Number : 9237T  ME Group International PLC  20 January 2025

 

 

20 January 2025

 

ME Group International plc
 ("ME Group" or the "Company")

 

Partnership extension with Morrisons Supermarket

 

ME Group International plc (LSE: MEGP), the instant-service equipment group,
is pleased to announce it has extended its existing relationship with WM
Morrisons Supermarket Limited ("Morrisons"), one of the UK's largest
supermarkets, for another five year period.

 

ME Group operates 488 photobooths, 424 children's rides and had 37 Revolution
laundry in place before the new contract across Morrisons sites in the UK.
Under the new five year contract, ME Group will install at least 200
Revolution laundry machines at Morrisons locations, which are expected to be
installed over the next three years.

 

Since agreeing the new contract, ME Group has installed 67 Revolution laundry
machines, in line with its expectations, which are performing well. Today, the
Group operates 104 Revolution laundry machines at Morrisons sites.

 

ME Group's Revolution laundry machines give consumers access to self-service,
large-capacity (9kg and 20kg drums), energy-efficient high-speed washing and
drying laundry services, 24 hours a day, seven days a week. In the UK, ME
Group operates more than 1,000 Revolution laundry machines and continues to
rapidly expand its estate through the ongoing rollout of new machines. The new
contract will continue to support the growth ambitions for ME Group's laundry
services business.

 

Morrisons is a key strategic partner for ME Group which has a long-standing
relationship with the supermarket chain - spanning more than 30 years - to
deploy its services at high-footfall locations, enabling customers to use
services such as photo ID and laundry all whilst they carry out their weekly
food shop.

 

Commenting on the new contract, Vladimir Crasneanscki, Managing Director UK
and Head of Investor Relations at ME Group said:

 

"We are delighted to extend our partnership with Morrisons for an additional
five years, which will see the rollout and installation of at least 200
Revolution laundry machines at its sites over the next three years. As a
leading supermarket innovator in the UK, Morrisons is the perfect partner to
offer our laundry services to customers as they carry out their weekly
supermarket shop. This new contract builds on our existing relationship where
we have a number of other services in place across Morrisons high footfall
locations, including photobooths and children's rides which provide fantastic
synergies for both parties."

 

John Parry, Head of Services at Morrisons, said: "We have been listening to
feedback from customers who have told us they would like to see more
convenient services in our supermarkets. We are therefore pleased to be
introducing more launderette facilities with our partner, ME Group, and we
will have over 200 of these self-serve machines in stores by the end of 2025."

 

 

Images of ME Group's Revolution laundry machine can be downloaded HERE
(https://wetransfer.com/downloads/4d3a2c4c1837c1a00a70172cf62e07e820250119193026/a3f7aeeb6274e93f3508a9edcea15a7a20250119193026/18f550?t_exp=1737919826&t_lsid=eb2b440e-bcf4-4158-bd3f-b7d04ee11682&t_network=email&t_rid=YXV0aDB8NjQxYTFhNWZhNmMzY2RiMjJiNjI3YjNm&t_s=download_link&t_ts=1737315026)

 

ENQUIRIES:

 

 ME Group International plc                   +44 (0) 1372 453 399
 Vladimir Crasneanscki, Managing Director UK

and Head of Investor Relations

 Hudson Sandler                               +44 (0) 20 7796 4133

 Wendy Baker / Nick Moore                      me-group@hudsonsandler.com (mailto:me-group@hudsonsandler.com)

 

 

NOTE TO EDITORS

 

ME Group International plc (LSE: MEGP) operates, sells and services a wide
range of instant-service vending equipment, primarily aimed at the consumer
market.

 

The Group operates vending units across 18 countries and its technological
innovation is focused on four principal areas:

 

·    Photo.ME   - Photobooths and integrated biometric identification
solutions

·    Wash.ME   - Unattended laundry services and launderettes

·    Print.ME     - High-quality digital printing kiosks

·    Feed.ME    - Vending equipment for the food service market

 

In addition, the Group operates other vending equipment such as children's
rides, amusement machines, and business service equipment.

 

Whilst the Group both sells and services this equipment, the majority of units
are owned, operated and maintained by the Group. The Group pays the site owner
a commission based on turnover, which varies depending on the country,
location and the type of machine.

 

The Group has built long-term relationships with major site owners and its
equipment is generally sited in prime locations in areas of high footfall such
as supermarkets, shopping malls (indoors and outdoors), transport hubs, and
administration buildings (City Halls, Police etc.). Equipment is maintained
and serviced by an established network of more than 650 field engineers.

 

In August 2022 the Company changed its listed entity name to ME Group
International plc (previously Photo-Me International plc) to better reflect
the Group's diversification focus and business strategy.

 

The Company's shares have been listed on the London Stock Exchange since 1962.

 

For further information: www.me-group.com (http://www.me-group.com)

 

 

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