26 July 2007
This announcement replaces the announcement made earlier today.
G4S acquires Omada Fire and Security Group
to
become market leader in Ireland
G4S plc, the international security solutions group, today announces the
acquisition of the manned security and fire suppression businesses of the Irish
privately-owned Omada Fire and Security Group (“Omada”) together with 100% of
the shares of A.1. Omada and 84.3% of the shares of Bell Communications (the
remaining shares of which were already owned by the G4S Group). The total
consideration for these acquisitions is approximately £8 million.
This acquisition will position G4S Ireland as the number one player in the
manned security marketplace in Ireland and as the second largest in the field of
electronic security and monitoring.
Headquartered in Dublin, with operations in Cork and Limerick, Omada offers a
complete range of services covering access control, assistance services,
building management systems, fire systems, manned security and cash in transit
(CIT). Bell Communications provides comprehensive alarm monitoring services and
A.1. Omada is an electronic security systems business. The CIT operations of
Omada are not being acquired.
David Taylor Smith, Chief Executive Officer G4S Security Services UK and Ireland
said: “These acquisitions will further strengthen our business operations in
Ireland making us the clear market leader. The purchases will allow G4S to
enter new markets in Ireland including alarm monitoring and fire systems. We
expect these businesses to be successfully integrated into our operations this
year.”
Michael Fenton, Chairman and founder of Omada Fire and Security Group,
commented: “I am delighted that Omada is joining the world leader in security
solutions and I am happy in the knowledge that the additional services our group
brings will further consolidate its number one position in the Irish market.”
- ENDS -
Media Enquiries:
Deborah Saw 020 7282 2959
Kevin Smith 020 7282 1054
or
G4S Press Office, 07973 672 649
Notes to Editors:
About G4S Security Services UK and Ireland
G4S Security Services UK and Ireland employs nearly 17,000 people throughout the
UK and nearly 3,000 in the Republic of Ireland, working with a wide range of
public sector and commercial clients. The organisation provides specialist
security services to over 8,500 customers across a range of sectors; examples
include retail, government, facilities management, financial, events and
transport.
G4S Security Services UK and Ireland: is a group of companies made up of G4S
Security Services UK Ltd, G4S Security Ireland, G4S Security Systems, G4S
Channel Islands and Isle of Man, G4S Aviation Security (UK) Ltd and G4S Justice
Services UK
G4S was formed from the merger between Securicor plc and Group 4 Falck A/S's
security businesses, which was completed in July 2004. For further information
on G4S Security Services (UK) visit www.g4s.com/uk-security
About G4S plc
G4S is an international security solutions group, operating in over 100
countries throughout the world and employing around 480,000 people. G4S is a
market leader in the provision of security services, cash services and justice
services in many of the countries in which it operates. For more information on
G4S, visit www.g4s.com.
About Omada Fire and Security
Omada Fire and Security Group first commenced trading as a guarding and
cash-in-transit company in 1970. In 1980 it expanded its operations into
security communications and alarm monitoring with the establishment of Bell
Communications which became the leading alarms monitoring centre in Ireland. In
2002 Omada acquired A1 Alarms, a technical solutions provider and a fire
suppression company. In 2006 Omada reported turnover of £21m and operating
profits of £5.1m. For more information on Omada, visit www.omada.ie
