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G4S Acquired by Allied Universal

G4S Acquired by Allied Universal
07 April 2021
 

G4S, the global security company, has been acquired by North American security and FM business Allied Universal.

With an acquisition value of £3.8 billion, the deal is intended to create a world-leading integrated security company.

Allied Universal is the third-largest employer in North America and the seventh-largest employer in the world. The company has more than 800,000 employees, focussed on proactive security services and smart technology to deliver tailored security solutions.

 

"A Significant Moment"

 

"This is truly a very significant moment in Allied Universal's history," said Steve Jones, Chairman & CEO of Allied Universal. "Our vision is not only to be the best security company but to be the best corporate services partner in a world of evolving risk. I look forward to working with Ashley Almanza and G4S's senior management team through the integration process with the goal of establishing a global leader, equipped to lead the industry through the next phase of its development. Together, we will deliver the highest value proposition to customers in the security industry."

"Steve and his team have created a world-class security business in North America, and I have enormous respect for the business they have built," said Ashley Almanza, CEO of G4S.

"The combination of the skills, experience and talents in our two companies creates a unified business that will be unmatched in every important dimension including scale, coverage, employee opportunity, innovation and customer experience and, of course, performance. I look forward to working alongside the Allied Universal team to deliver the considerable benefits that I know this combination can achieve."  

Picture: a photograph of a G4S employee. Image credit: G4S 

Article written by Ella Tansley | Published 07 April 2021

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