Malabar Gold & Diamonds extends partnership with Brink’s Inc. 

Renewed agreement includes Brink’s advanced cash management system across retail stores in Dubai and the utilisation of Brink’s global precious metals storage facilities 

Dubai – Kozhikode-based jewellery retailer Malabar Gold & Diamonds has announced an extension of its partnership with Brink’s Inc., a leading provider of cash and valuables management, digital retail solutions, and ATM managed services. This extension was revealed in a joint press release by the two companies on Thursday. 

The renewed agreement includes the implementation of Brink’s advanced cash management system across Malabar Gold & Diamonds’ retail stores in Dubai and the utilisation of Brink’s global precious metals storage facilities. This strategic move aims to enhance the operational efficiency and global reach of the jewellery brand. 

“Brink’s has been our exclusive logistics partner for several years, and we are very excited to expand our longstanding partnership with them,” stated Shamlal Ahammed, Managing Director – International Operations, Malabar Gold & Diamonds. “By broadening the scope of our partnership to include cash management services in our UAE stores and utilising Brink’s precious metal storage facilities globally, we are further optimising our retail operations and driving Malabar Gold & Diamonds’ global growth.” 

Brink’s has been the exclusive logistics partner for Malabar Gold & Diamonds for years, efficiently leveraging its vault system to deliver precious metals to trading areas worldwide. Brink’s extensive network operates in 52 countries, serving customers in more than 100 countries. 

Mark Eubanks, President of Brink’s, expressed his enthusiasm about the extended partnership: “The signing of this agreement is a great example of the strong collaboration between Brink’s and Malabar Gold & Diamonds. We look forward to many more years of successful partnership as we continue to grow our businesses alongside each other.” 

Founded in 1993, Malabar Gold & Diamonds is the flagship company of the Malabar Group, a diversified Indian business conglomerate. With an annual turnover of $5.2 billion, the company is the sixth largest jewellery retailer globally. It operates more than 350 stores across 13 countries, along with multiple offices, design centres, wholesale units, and factories spanning India, the Middle East, the Far East, the USA, the UK, Canada, and Australia. 

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