13 September 2010
G4S plc
Acquisition of Skycom, South Africa
G4S, the world's leading international security solutions group, announces its
acquisition of Skycom (Pty) Ltd in South Africa, through its local subsidiary
G4S Secure Solutions (SA) (Pty) Ltd, having acquired 100% of the issued share
capital.
Skycom, a market leader in the African security systems market, has gross assets
of £3.3 million and was acquired from its management owners AD White (CEO), G
Hogan (Operations Director), R Brooke Smith (Sales Director) and A Hauptfleisch
(Development Director). The acquisition was completed on 1 September 2010.
The acquisition will enhance the technical capabilities of G4S in South Africa
and across the continent. Skycom specialises in the installation of access
control hardware and software and is a market leader in time and attendance
solutions.
Skycom specialises in integrated and turnkey solutions for large and distributed
workforces, in particular:
* Mining
* Heavy Industry
* Ports and Harbours
* Other workforce intensive industries
in the fields of:
* Time and access management solutions
* Identification management
* System customisations and adaptations to client requirements
* RFID
* Safety access management
* ERP, Payroll and HR system integration
Skycom counts most major South African mining houses and oil companies among its
customers, and operates in several African countries.
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 more than
110 countries and more than 610,000 employees. For more information on G4S,
visit www.g4s.com.
[HUG#1444153]
Acquisition
| Source: G4S plc