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Iron Mountain Enters Croatian Market With Acquisition of ArhivTrezor

ZAGREB, Croatia- Iron Mountain Incorporated (NYSE: IRM)®, the global leader in storage and information management services, today announced it has entered the Croatian market with the acquisition of ArhivTrezor, a provider of records management, secure destruction and secure transportation.

The acquisition of ArhivTrezor, based in Zagreb, will give Iron Mountain its first facility in country.

“The acquisition of ArhivTrezor is an important step in our efforts to grow our presence within Southeastern Europe,” said Andras Szakonyi, senior vice president, Northern and Eastern Europe and India, Iron Mountain. “The opportunity to enter the market by acquiring a company with such a solid reputation and important customer base made ArhivTrezor an attractive option for Iron Mountain. And, since Croatia is a member of the European Union, its economic and cultural connections to other Central and Southeastern European markets are very strong, allowing us the opportunity to leverage our global scale to help local, regional and multinational customers with their records and information management needs. We welcome ArhivTrezor’s customers and team members to Iron Mountain, and look forward to building on our reputation as a trusted partner and innovator in our industry.”

Founded in 2002, ArhivTrezor is the recognized country leader in records management and storage, digitization, secure information destruction, and secure transportation. The company is also the first private archive in Croatia to receive the Accreditation of the Croatian State Archives, and achieved ISO 9001: 2015 Certification for records and business documentation archiving in Europe.

“Acquiring a known market leader like ArhivTrezor fits our strategy of seeking established local providers that share our commitment to service delivery, trust and security in markets with strong growth trends in information management outsourcing,” said Ernest Cloutier, executive vice president and general manager, International for Iron Mountain. “With the recent implementation of General Data Protection Regulation (GDPR) across the European Union, customers increasingly need a partner like Iron Mountain to support them in developing their processes to comply with the regulation’s strict requirements for data privacy and protection. This entry into the Croatian market enables us to capitalize on the growing records and information management opportunity and support existing and new customers with our scale and diverse solutions to meet these kinds of increasingly complex information management challenges.”