All change for cash-handling firm

MOVING in: Managing director Aidan Towey (left) and chairman David Bellis study plans for the internal layout of the new building.

INNOVATIVE Technology has taken ownership of a new £3million office building at its Derker Street site in Oldham.

The cash-handling business founded by Oldham entrepreneur David Bellis, has grown into one of the borough’s most significant companies.

The two-storey, 36,000 sq ft offices will house company directors and management, software developers and a new testing laboratory.

Seventy staff will move into the building, freeing space in the factory

Managing director Aiden Towey, added: “We can accommodate 130 staff so we have the space to grow the business.”

Two start-up businesses owned by Innovative Technology Ltd, Innoprint Ltd and Image Capture, will also find a new home there. Innoprint develops ways to offer alternatives to cash payouts from slot machines, while Image capture develops facial recognition systems for door entry.