3 August 2010
G4S plc
Acquisition of the business and assets of Western Investigations Pty Ltd
G4S, the world's leading international security solutions group, today announces
the acquisition of the business and assets of Western Investigations Pty
Limited, Australia ("Western Investigations") from Western Investigations Pty
Limited. The business and assets have been acquired for a cash consideration of
AUD 840,000 together with an additional payment of up to AUD 360,000 payable
over two years subject to an achievement of gross margin targets in 2011 and
2012.
Headquartered in Perth, Australia, Western Investigations is a premier supplier
of professional investigation services to Western Australia and the Northern
Territory. Western Investigations specialises in providing insurance companies,
financial institutions, legal firms, and other corporations with professional
investigation, surveillance and support services. The acquisitions will enhance
G4S Compliance and Investigations' service offerings to Australian customers and
around the world.
ENDS
For further enquiries, please contact:
Helen Parris - Director of Investor Relations+44 (0) 1293 554423
Media enquiries:
Alison Flynn +44 (0) 1293 554447
Kevin Smith - Citigate Dewe Rogerson+44 (0) 207 282 1054
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 595,000 employees. For more information on G4S, visit
www.g4s.com.
[HUG#1435551]
Acquisition
| Source: G4S plc