Iron Mountain Enters Middle East with Purchase of Controlling Interest in Endless Document Storage Services LLC
Company continues execution of strategy to expand emerging markets presence
BOSTON – Jan. 5, 2017 — Iron Mountain Incorporated ®, the global leader in storage and information management services, today announced it has entered the Middle Eastern market with the purchase of a controlling interest in Endless DSS LLC, one of the leading records and information management companies in the UAE. Endless currently operates four facilities in Dubai.
“Our investment in Endless is in line with our strategy for expanding our international footprint and establishing a presence in key regions like the Gulf Cooperation Council (GCC) and Middle East,” said Marc Duale, President International for Iron Mountain. “When seeking an entry into new markets, we look to acquire or invest in established local providers that share in our belief in security and trust as the cornerstones of quality service delivery to customers. We look forward to continuing that high standard with Endless’ roster of 140-plus local and multinational customers while also establishing a local base of operations for our global customers in Dubai, the GCC and the Middle East, as well as new regional customers.”
With this acquisition and Iron Mountain’s recent purchases in The Baltics and South Africa, the company now operates in 46 countries and on six continents, expanding its global presence into fast-growing emerging international markets.
About Iron Mountain
Iron Mountain Incorporated® (NYSE: IRM) is the global leader in storage and information management services. Trusted by more than 220,000 organizations around the world, Iron Mountain’s real estate network comprises more than 85 million square feet across more than 1,400 facilities in 46 countries dedicated to protecting and preserving what matters most for its customers. Iron Mountain’s solutions portfolio includes records management , data management ,document management, data centers, art storage and logistics, and secure shredding, helping organizations to lower storage costs, comply with regulations, recover from disaster, and better use their information. Founded in 1951, Iron Mountain stores and protects billions of information assets, including critical business documents, electronic information, medical data and cultural and historical artifacts. Visit www.ironmountain.com for more information.
Christian T. Potts
Iron Mountain Incorporated