Cashing handling providers Innovative Technology is to extend into the Middle East in collaboration with its trading partner in the region, Chevend Technologies PVT.
Marcus Tiedt, sales and marketing director for ITL said: “We secured our trading partnership with Chevend back in 2016 and over the past seven years we have been diversifying and extending our reach throughout India. Chevend now have a partner office in Dubai and so we are ready to expand into the Middle East with our partner serving customers at a local level.”
Chevend Technologies PVT is part of the Chevron Metal Products Group.
Tiedt added: “Chevend distribute and provide technical support for our products to customers in India, UAE, Saudi Arabia, Kuwait, Bahrain, Qatar, Oman, Sri Lanka and Bangladesh. Their original focus was mainly on vending and kiosk applications such as the NV11 and NV9, but as the market matures we are also looking to supply our new NV4000 multi bill recycler for payment terminals as it starts to gain momentum.
"The new Dubai office has storage and technical facilities and is conveniently located for exporting goods across the Middle East. We look forward to seeing a positive up-take of our solutions across this region.”
