Industry News
ITL & Maggi Electronics bolster Trading Partnership

Innovative Technology Ltd (ITL) and Maggi Electronics recently agreed a new strategy to strengthen their partnership, collaborating to benefit both organisations. Innovative Technology – a leading provider of cash handling technology – have been in partnership with Maggi Electronics for just over two years. Initially founded in 1992 as Maggi Maggi UK, based in the North West of England, they are now a large token and change distributor with a trusted service and support centre for electronics.
Speaking on behalf of ITL, Andy Bullock, Senior Business Development Manager said, “Our relationship goes back further than when Maggi officially became a Trading Partner at the beginning of 2017, and over the years it has thrived despite the many changes the industry has faced. A recent change in our partnership contact and the introduction of some new ITL products spurred us into reinvigorating the relationship, to make plans to capitalise on these changes. Phil Prichard, Sales Director, will now head up the partnership on behalf of Maggi Electronics from their new office location in Bolton. Phil and his team will start to supply our new Spectral products to the UK market – starting with the NV200 Spectral and NV9 Spectral note validators, and then in the future our new Spectral Payout and NV22 Spectral recyclers once they are fully released into the market. These units boast Spectral Technology which includes full spectral imaging to validate the authenticity of notes and offer exceptional protection against fraudulent and stained notes.”
Phil Pritchard, Sales Director, Maggi Electronics commented, “I am excited to be leading our partnership with ITL on behalf of Maggi and look forward to distributing their Spectral product family. New product training is planned to take place over the coming months, so that we are fully up to speed with these state-of-the-art products. We are proud of our reputation and are committed to assisting our joint customers with technical support and upgrades, to ensure ITL validators are up to date. We will work together to ensure our customers experience a smooth transition when the new £20 polymer is released in 2020. I am looking forward to working with Andy to strengthen this partnership over the coming years.”
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