Safe deposit box provider locks down Glasgow deal

Thursday, Feb 11 2016 03:15 PM

The venture is being led by David Walsh and Seamus Fahy

Glasgow Vaults said it had made the move in response to the major banks withdrawing the service that safeguards people’s valuable possessions. The venture is being led by David Walsh and Seamus Fahy, who have invested in equipping the vault with state-of-the-art surveillance technology, including seismic shock sensors, making a Hatton Garden-style heist impossible, it has been claimed. Employing five staff, the Glasgow facility is part of a strategy to expand the model across the UK and Ireland, following the successful launch of an initial site in Dublin, in 2013. The business is expected to grow its staff numbers in Glasgow to 15 by the middle of 2017.

 

Read more: http://www.scotsman.com/business/companies/retail/safe-deposit-box-provider-locks-down-glasgow-deal-1-4023675