15th May 2008 08:00
15 May 2008
G4S plc
Divestment of Manned Security and Monitoring activities in Germany
G4S, the international security solutions group, today announces the divestment of G4S Sicherheitsdienste GmbH and G4S Alarm Solution GmbH - its German manned security and monitoring businesses - to Securitas Deutschland Finanz Holding GmbH - a subsidiary of Securitas AB - for a cash consideration of ‚£27 million.
This transaction is subject to approval from the German competition authorities.
For further enquiries, please contact:
Helen Parris, Director of Investor Relations +44 (0)1293 554400
Media enquiries:
Kevin Smith, Citigate Dewe Rogerson +44 (0)7973 672649
Notes to Editors:
G4S is the world's leading international security solutions group, which specialises in assessing current and future risks and developing secure solutions to minimise their impact across a wide range of geographic markets and business sectors.
G4S is a major provider of risk management and protection to governments and major corporate customers around the world and is an expert in all aspects of local and international secure logistics.
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 530,000 employees. For more information on G4S, visit www.g4s.com.
vendorRelated Shares:
GFS.L