Malabar Gold & Diamonds Strengthens Global Operations with Brink’s Inc Partnership

Malabar Gold & Diamonds, a leading global jewellery retailer, has fortified its partnership with Brink’s Inc. to enhance cash management and precious metals storage. The collaboration aims to streamline operations in Dubai and boost global growth, leveraging Brink’s state-of-the-art vault system and cash management solutions.

Malabar Gold & Diamonds, hailed as the world's sixth-largest jewellery brand, is set to amplify its global presence through an extended partnership with Brink’s Inc. Brink’s, renowned for its expertise in cash and valuables management, will now implement its cash management systems across Malabar’s retail outlets in Dubai, while offering access to its global precious metals storage facilities.

Shamlal Ahammed, MD-International Operations of Malabar Gold & Diamonds, emphasized the strategic move, stating, “Enhancing our collaboration with Brink’s optimizes our retail operations and propels our global expansion.” This agreement underscores Brink’s commitment to providing superior logistics solutions, as highlighted by Mark Eubanks, President and CEO of Brink’s.

Abdul Salam K.P, Vice Chairman of Malabar Group, lauded the venture's innovation, remarking, “Our alliance with Brink’s is pivotal for our aspiration to become the top jewellery retailer globally.” With over 350 stores in 13 countries, Malabar Gold & Diamonds continues to integrate advanced solutions for operational efficiency and growth.