Leading cash-handling business Volumatic is celebrating its 50th anniversary.
Founded on 1 September, 1972 by entrepreneur Frank Pegg, Volumatic Ltd started out as a security business, producing end-of-aisle security mirrors, clothing security tags and early secure cash deposit devices.
After being acquired by Halma Plc, in 1982, Volumatic began to narrow down its remit, and after taking over by weight scales specialists Omal, they specialised in innovative cash handling solutions to become the company it is today.
“We work with any business which handles cash, from huge retailers to independent stores, banks, leisure companies, restaurants, QSRs and petrol forecourts. We punch above our weight, priding ourselves on the ethos of being ‘big enough to cope and small enough to care’, and we offer unrivalled customer service and aftersales support to all our customers,” James Harris, Volumatic’s managing director, said.
“We have also invested a great deal in our people, growing from a handful of employees in the beginning to over forty in our head office based in Coventry, in the West Midlands. In 2021 we were awarded a Silver Investors in People (IIP) award, which reflects how well we look after our staff, and we are always committed to supporting our people at Volumatic, both personally and professionally.”
Volumatic was the first business to bring an all-encompassing cash handling solution to the market, known today as the CCi; the first to offer a five-year warranty and also the first to offer a touch screen money-counting scale, the CountEasy TS.
In addition to the design, manufacture and launch of its industry-leading cash handling solutions and receiving the prestigious honour of The Queen’s Award for Innovation for its CCi solution in 2011, Volumatic has grown both in size and stature, securing partnerships with the likes of Tesco, The Co-op Food Group, Wilko, Morrisons and Genting Casino in the UK and Walgreens, Ulta, Tim Hortons, Petco and NBC Universal Studios in the US, as well as many more leading names across the globe.
Harris added: “It is a massive achievement for a small company like Volumatic to be celebrating their 50th Anniversary and we are extremely proud of how the business has developed and grown over the last 50 years, and that in that time we have become well known as cash handling experts. We have a fantastic workforce, all of whom make a valuable contribution towards our success at Volumatic, and we will be celebrating together today, as well as looking forward to the next 50 years of Volumatic!”
Volumatic celebrated the special day with a party at its Coventry HQ for all employees and will be releasing a 50th anniversary video to mark the occasion in the coming weeks.
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