G4S plc, the international security solutions group, today announces the acquisition of the manned security and fire suppression businesses of the Irish privately-owned Omada Fire and Security Group (“Omada”) together with 100% of the shares of A.1. Omada and 84.3% of the shares of Bell Communications (the remaining shares of which were already owned by the G4S Group). The total consideration for these acquisitions is approximately £8 million.
G4S acquires Omada Fire and Security Group
This acquisition will position G4S Ireland as the number one player in the manned security marketplace in Ireland and as the second largest in the field of electronic security and monitoring.
Headquartered in Dublin, with operations in Cork and Limerick, Omada offers a complete range of services covering access control, assistance services, building management systems, fire systems, manned security and cash in transit (CIT). Bell Communications provides comprehensive alarm monitoring services and A.1. Omada is an electronic security systems business. The CIT operations of Omada are not being acquired.
David Taylor Smith, Chief Executive Officer G4S Security Services UK and Ireland said: "These acquisitions will further strengthen our business operations in Ireland making us the clear market leader. The purchases will allow G4S to enter new markets in Ireland including alarm monitoring and fire systems. We expect these businesses to be successfully integrated into our operations this year."
Michael Fenton, Chairman and founder of Omada Fire and Security Group, commented: "I am delighted that Omada is joining the world leader in security solutions and I am happy in the knowledge that the additional services our group brings will further consolidate its number one position in the Irish market."
Media Enquiries:
Deborah Saw 020 7282 2959
Kevin Smith 020 7282 1054
or
G4S Press Office, 07973 672 649
Notes to Editors:
About G4S Security Services UK and Ireland
G4S Security Services UK and Ireland employs nearly 17,000 people throughout the UK and nearly 3,000 in the Republic of Ireland, working with a wide range of public sector and commercial clients. The organisation provides specialist security services to over 8,500 customers across a range of sectors; examples include retail, government, facilities management, financial, events and transport.
G4S Security Services UK and Ireland: is a group of companies made up of G4S Security Services UK Ltd, G4S Security Ireland, G4S Security Systems, G4S Channel Islands and Isle of Man, G4S Aviation Security (UK) Ltd and G4S Justice Services UK.
G4S was formed from the merger between Securicor plc and Group 4 Falck A/S’s security businesses, which was completed in July 2004. For further information on G4S Security Services (UK) visit www.g4s.com/uk-security
About G4S plc
G4S is an international security solutions group, operating in over 100 countries throughout the world and employing around 480,000 people. G4S is a market leader in the provision of security services, cash services and justice services in many of the countries in which it operates. For more information on G4S, visit www.g4s.com.
About Omada Fire and Security
Omada Fire and Security Group first commenced trading as a guarding and cash-in-transit company in 1970. In 1980 it expanded its operations into security communications and alarm monitoring with the establishment of Bell Communications which became the leading alarms monitoring centre in Ireland. In 2002 Omada acquired A1 Alarms, a technical solutions provider and a fire suppression company. In 2006 Omada reported turnover of £21m and operating profits of £5.1m. For more information on Omada, visit www.omada.ie
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G4S is the world's leading international security solutions group, operating in over 100 countries with over 500,000 employees.
G4S is a member of the Ligue International des Societe de Surveillance.