Iron Mountain Acquires InfoZafe, Bolstering Presence in Thailand
Iron Mountain Incorporated (NYSE: IRM)(R), the global leader in storage and information management services, today announced the acquisition of InfoZafe in Bangkok, expanding the company's presence and capacity for service delivery. The acquisition of InfoZafe gives Iron Mountain an additional facility in Bangkok, bringing the total number of facilities to five and total cubic feet of storage to four million, adding more than 210 customers, and 19 employees to Iron Mountain's existing business.
"Expanding our footprint and adding the services of InfoZafe's storage and information management services are important steps forward for our Thai business," said Peter Hwang, managing director, Iron Mountain Asia. "Acquiring InfoZafe's level of operational and storage capacity and customer relationships, along with a talented team, allows us to strengthen our presence and serve both new and existing customers on a regional, national and international basis. We look forward to maintaining the high levels of service that InfoZafe's customers expect for their information management needs."
InfoZafe is a comprehensive provider of document storage and information destruction to leading public and private organizations in Thailand. Their services include secure storage, shredding and degaussing/erasure of electronic media and devices. InfoZafe's services are backed by the company's commitment to social and environmental responsibility.
"The acquisition of InfoZafe furthers our strategy for investing in faster growing Asian markets like Thailand," said Ernest Cloutier, executive vice president and general manager, International for Iron Mountain. "In these growth markets, we look to capitalize on the convergence of physical and digital information management as organizations move along their journey to digital transformation. Acquiring leading local providers that share our commitment to best-in-class service delivery, trust and security enables us to support our local and global customers; enrich returns as those companies are integrated into our regional business; and ensure we are poised to capitalize on global digital transformation trend."
Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world, and with a real estate network of more than 90 million square feet across more than 1,450 facilities in approximately 50 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts. Providing solutions that include information management, digital transformation, secure storage, secure destruction, as well as data centers, cloud services and art storage and logistics, Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster, and enable a more digital way of working. Visit www.ironmountain.com for more information.