G4S News
28 Oct 2009
Acquisition of Control Systems Argentina
G4S, the international security solutions group, today announces that it has acquired an 83% shareholding in Control Systems Argentina S.A. (Control Systems), a security systems engineering company in Argentina, from Daniel Padró and Hernán Fernández.Control Systems has more than 15 years’ experience in the security systems industry and is one of the leading local specialists in building protection and automation; developing high-tech control systems to integrate security, environmental comfort and energy consumption to promote operational efficiency.
The acquisition of this business enables G4S to expand its presence in the Argentine market where its local company (Search Organización de Seguridad S.A.) has operated for 39 years.
Control Systems has gross assets of USD 450,000.
Ends
For further enquiries, please contact:
Helen Parris – Director of Investor Relations +44 (0) 1293 554400
Media enquiries:
Kevin Smith – Citigate Dewe Rogerson +44 (0) 7973 672649
Notes to Editors:
G4S is the world’s leading international security solutions group, which specialises in outsourced business processes in sectors where security and safety risks are considered a strategic threat.
G4S is the largest employer quoted on the London Stock Exchange and has a secondary stock exchange listing in Copenhagen. G4S has operations in over 110 countries and over 585,000 employees. For more information on G4S, visit www.g4s.com
For more information on G4S in Argentina, visit www.g4ssearch.com.ar
