DUBAI: Iron Mountain Incorporated® (NYSE: IRM), the global leader in storage and information management services, yesterday announced the asset acquisition of Black Box LLC. This is Iron Mountain’s third acquisition in the Middle East since entering the market, and follows the company’s strategy to leverage acquisitions to expand its presence in fast-growing international markets where there is strong demand for its solutions.
“We are keen to move forward in the execution of our strategy as we take the next step to expand our client base and team in the UAE. This new addition is an important milestone in our journey of success in the Middle East region as we continue to strengthen our base,” said George Harfouch, Managing Director of Iron Mountain UAE. “Our aim is to acquire or invest in established local providers who share our belief in security and trust as the key to quality customer service. And for new clients, they can look forward to best-in-class service for their records management and digital archiving needs.”
Headquartered in Dubai, Black Box LLC offers records management and digital archiving solutions such as document storage, data protection and secure document destruction to a wide variety of clients. Founded in 2009, the company has established itself as a trusted partner with a dedicated team of professionals committed to the success of its customers.
“We continue to see the United Arab Emirates market as highly attractive due to the rate and breadth of digital transformation across enterprises and government agencies alike, along with a consistent desire to leverage global best practices and local innovation to achieve their business objectives,” said Ernest Cloutier, executive vice president and general manager, International for Iron Mountain “This trend, coupled with our leading capabilities and many years of experience partnering with some of the largest multinationals and government agencies across the UAE and the globe, make us uniquely positioned to support our clients in their automation of workflows, digitization of physical information, and implementation of strong governance, while also securely storing their information, whether in digital or physical form.” Says in press release