Magner appoints Jacky's as UAE distributor

The move comes as Magner seeks to leverage Jacky's geographical reach and regional expertise to increase its sales in the region.

The appointment of Jacky's as the regional distributor for Magner products comes on the heels of its appointment as distributor for Olivetti Office & Banking products like cheques validation and cash settlement system. Magner joins Jacky's extensive portfolio of leading technology brand names.

'We are delighted to have forged this new partnership with Magner International Corporation of America, adding to our existing alliances with other strong and respected global brands, particularly Sharp, Toshiba & EBA paper shredders. Magner is an integral partner in our ever-growing business portfolio; the market is seen to have a rapid and forward progress in the financial sector, regionally speaking. With great changes, great technical requirements come and Magner products are great answers to these needs,' according to Shankar Nawani, Director of Jacky's Distribution FZCO.

Magner products specialises currency handling systems ranging from currency counters, counterfeit currency detectors & coin sorting / counting equipment. These equipments are essentially used in banks and retail business. Items are known for 'almost zero maintenance' currency equipments.

'For decades Magner has been a trusted brand in the USA, Europe and other regions for its currency handling products. We are proud that this strategic alliance with Jacky's will boost regional recognition of our unique currency handling products' said Michael Brunner, International Sales Director, Magner International Corporation of America.

Jacky's Distribution FZCO is also the regional partner for Olivetti and covers GCC and Pakistan. Some notable clients, among others are HSBC, ADCB, CBI, Bank Melli Iran, Habib Bank and Mashreq Bank.