Securicor is to strengthen its security focus by acquiring
Dutch security company Randon Beveiliging Beheer from Randstad Holding
and by selling its UK recruitment company, Securicor Recruitment Services,
to Randstad an international recruitment company. It will also
pay Randstad Euro 25.5m (£16.2m) and these transactions will be
on a debt free basis.
Nick Buckles, chief executive of Securicor Security, commented: "Randon
will benefit from the introduction of Securicors systems and processes.
We will continue to develop its business and use Randons market
position to expand our aviation security business into the Netherlands.
We are delighted that Randons experienced management team will
be staying with the business."
Randon has a 15% share of the manned security market in the Netherlands
and approximately 80% of its turnover is derived from the provision
of commercial guarding services in the corporate, transport, media,
telecoms, Government and event management sectors. The company also
provides monitoring and response services, representing 15% of its turnover
and the remainder of its services are in the area of public safety and
public order outsourcing.
Chief executive of Securicor, Roger Wiggs, said: "This acquisition
demonstrates our long-term commitment to the security sector and represents
a further step towards our goal of being one of the top three global
security solutions companies."
Randon employs 4,000 people and has a turnover of £72.4 million
(2000) while Securicor Recruitment Services has a turnover of £72.3m
(2000).
Jessica Jarlvi
www.securicor.co.uk
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