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Iron Mountain Announces Acquisition Of GRM China - Quick Facts

Iron Mountain Incorporated (IRM) announced the acquisition of GRM's Chinese operations. GRM China is a division of GRM Document Management, and was the first licensed provider of Records and Information Management services in the Peoples Republic of China. The company, which opened its first branch in Shanghai in 2003, delivers document storage, media storage, document imaging, secure destruction and information management consulting services to both large multinationals and local companies in industries including insurance, banking and finance, manufacturing, accounting, consulting, engineering, technology and professional services.

Iron Mountain said the acquisition of GRM China will expand the company's presence in Beijing, Shanghai, Guangdong, Qingdao, Dalian, Chengdu and Wuhan; 550 customers; and add 170 employees to Chinese operations.

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