Release date: 2009-10-27
 

Acquisition of Control Systems Argentina
 

(PRZOOM - Press & Newswire) —  Crawley, West Sussex, United Kingdom, 2009-10-27 - G4S, the international security solutions group, today announces that it has acquired an 83% shareholding in Control Systems Argentina S.A

   
 

G4S, the international security solutions group, 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.

For further enquiries, please contact:
Helen Parris – Director of Investor Relations +44(0)12 9355 4400

About G4S
G4S (g4s.com) 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.

   
 

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  Related Link:
 Contact name: Kevin Smith - G4S.com
  Related Link:
 Contact: +44(0)79 7367 2649 / media[.]g4s.com
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