Brinks acquire majority stake in G4S

The Brink’s Company will be acquiring a majority stake in G4S plc for US$860 million (£660 million) the company announced on Wednesday 26th February.

The acquisition adds fourteen new markets to Brink’s portfolio: the Netherlands, Malaysia, Romania, Belgium, Ireland, Kuwait, the Czech Republic, the Philippines, the Dominican Republic, Cyprus, Indonesia, Lithuania, Estonia and Latvia. This acquisition does not include G4S Retail Cash Solutions or the cash operations in UK, South Africa and several smaller markets.

The acquisition process will take until December 31st.

More details will be released at the Investor Day meeting on June 1st.