29 July 2024
ME Group signs new
partnership agreement with Motor Fuel Group
to install up to 300 Wash.ME Revolution laundry machines across the
UK
ME Group International PLC (LSE:
MEGP), a global leader in automated instant-service equipment, is
pleased to announce it has entered into a new partnership agreement
with Motor Fuel Limited (known as "Motor Fuel Group" or "MFG"), the
UK's largest independent forecourt operator. Under this agreement,
ME Group will be able to install and operate up to 300 Wash.ME
Revolution laundry machines across MFG's UK sites, over the next
five years.
These 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.
Today, ME Group operates more than
1,462 Wash.ME Revolution laundry machines across the UK &
Republic of Ireland and 5,957 machines globally, and continues to
rapidly expand its estate through the ongoing rollout of new
machines in high footfall locations.
Commenting on the new partnership, Vladimir Crasneanscki, Head
of UK Commercial Operations and Head of Investor Relations at ME
Group, said:
"We are very excited to be working with MFG, which has more
than 1,200 sites across the UK. This partnership is a reflection of
the exceptional demand we are seeing for our Wash.ME Revolution
laundry services and we are delighted to be partnering with the
largest independent forecourt operator in the UK.
"MFG is a fantastic partner for our Wash.ME Revolution laundry
services due to their focus on providing convenient retail and
service options to their customers. There is a significant
opportunity for our Wash.ME Revolution machines across the UK and
this partnership is indicative of our intent for the UK market and
allows for rapid progress in geographic expansion across the
UK."
MFG's Trading Director, Anna Roddis,
said:
"We are delighted to announce this partnership for up to 300
machines across our UK sites. At MFG, we want to ensure that we
have unique and convenient services available to our customers.
Collaborating with ME Group allows us to enhance our service
offering and caters to a growing demand we see in the
market."
ENQUIRIES:
ME
Group International plc
|
+44
(0) 1372 453 399
|
Stéphane Gibon, CFO
|
|
Vlad Crasneanscki, Head of Investor
Relations and Head of Commercial Operations UK
|
|
|
|
Hudson Sandler
Wendy Baker
/ Nick Moore / Eloise Fleet
|
+44
(0) 20 7796 4133
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