Acquisition of Secura Monde International and Shiremoor International Engineering
G4S, the international security solutions group, has acquired 100% of Secura Monde International Limited and Shiremoor International Engineering Limited, together, the UK’s leading specialist banknote and high security technical and commercial advisory companies. The businesses were acquired from numerous individual shareholders including the management and have gross assets of £0.4 million and £1.3 million respectively.
Secura Monde was founded in 1994, and is one of the world’s leading technical and commercial consultancies specialising in banknote and security print technologies, including security document design, banknote papermaking and printing, documentary security features and cash distribution within national cash cycles. It has worked in close co-operation with many central banks, providing expertise in the management of banknotes, from initial design to processing and re-circulation. It has also worked with many major multinational companies to implement anti-counterfeiting strategies for their global brands.
Shiremoor was founded in 2000 and provides specialised engineering services to the banknote and high security printing industry. The company has worked with commercial and state owned banknote printers throughout the world to provide press repairs, refurbishment and technical support.
The acquisition of these businesses is a natural fit for the development of the G4S strategy internationally, increasing G4S’s capability in providing cash cycle management expertise and complete cash management consulting services to financial institutions and other customers.