26 October 2009
G4S plc
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.
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