ME Group International Plc (MEGP.L), an instant-service equipment group, announced Monday that it has extended its existing relationship with WM Morrisons Supermarket Limited, doing operations as Morrisons for another five year period.
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.
The new contract is expected to continue to support ME Group's growth ambitions for its laundry services business.
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. The company said it has installed 67 Revolution laundry machines since agreeing the new contract, in line with its expectations, and are performing well. At present, the firm operates 104 Revolution laundry machines at Morrisons sites.
ME Group's Revolution laundry machines offers 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.
Vladimir Crasneanscki, Managing Director UK and Head of Investor Relations at ME Group, said, "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."
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