G4S, the international security solutions group, today announces the divestment of G4S Sicherheitsdienste GmbH and G4S Alarm Solution GmbH - its German manned security and monitoring businesses - to Securitas Deutschland Finanz Holding GmbH - a subsidiary of Securitas AB - for a cash consideration of £27 million.
Divestment of Manned Security and Monitoring activities in Germany
This transaction is subject to approval from the German competition authorities.