Volumatic celebrates its 50th Anniversary in cash handling
September 01, 2022
Cash-handling experts Volumatic are proud to be celebrating a milestone anniversary today, Thursday 1st September 2022 – their 50th Anniversary.
It was on this date back in 1972 that Volumatic Ltd. was founded by English entrepreneur Frank Pegg, who established the company 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 started to narrow down its remit, and after taking over count-by-weight scales specialists Omal, they began to specialise in innovative cash handling solutions to become the company we know today.
For the past 50 years Volumatic have strived to become industry leaders in the UK and are now making impressive strides across the globe too, particularly in the U.S. We were the first 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.
A lot has happened over the last 50 years. In addition to the design, manufacture and launch of our industry-leading cash handling solutions and receiving the prestigious honour of The Queen's Award for Innovation for our 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 U.S, as well as many more leading names across the globe.
We work with anyone who 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.
We've also invested a great deal in our people, growing from a handful of employees in the beginning to over 40 in our head office based in Coventry, near tyhe centre of England. 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.
The world has also changed a great deal since we first formed Volumatic Ltd. Back in 1972 we were listening to Don McLean's American Pie and Nilsson's Without You and watching The Godfather and The Poseidon Adventure at the cinema! And in 2022 we can say we're now officially the same age as ABBA, the jet-ski, Oasis frontman Liam Gallagher and actress Gwyneth Paltrow to name but a few!
Today, Volumatic prides itself in being a leader in cash handling solutions across the globe and also an expert in the cash handling industry we know and love, regularly partnering with the likes of the Bank of England, Enryo, Vaultex and Cash Essentials.
James Harris, Volumatic’s Managing Director said: “It’s a massive achievement for a small company like Volumatic to be celebrating their 50th Anniversary and we’re extremely proud of how the business has developed and grown over the last 50 years, and that in that time we’ve 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 their special day with a party at their Coventry HQ for all their employees and will be releasing a 50th Anniversary video to mark the occasion before the end of the year.