Acquisition
(Thomson Reuters ONE) - 17 November 2009 G4S plc Acquisition of AdestaG4S, the world's leading international security solutions group,today announces the signing of a sale and purchase agreement toacquire Adesta LLC and Adesta LP, ("Adesta") from McCarthy Group, Incand a group of senior management employees for a total cashconsideration of $66 million on an enterprise value basis. Adesta hadrevenues of $92 million in 2008.Adesta is US-based and provides systems integration and projectmanagement services for integrated security systems and communicationsystems. The business has three areas of focus related to securesolutions for critical infrastructure - seaports, other criticalinfrastructure and critical assets and broadband communicationsnetworks often used to carry CCTV data.David Fairnie, G4S Global Ports Solutions Director said "As a systemsintegrator in the design, management and operation of command andcontrol centres, the Adesta acquisition is an important strategicaddition to G4S's secure solutions offering to US and Internationalseaports, where Adesta has impressive market experience andpenetration. In particular, we believe Adesta can add considerablevalue to our unique solutions approach for chemical/petrochemicalinfrastructure security."Grahame Gibson, Regional President, G4S North America said "G4S'scapability to deliver advanced technology solutions efficiently to UScustomers will be materially advanced by the Adesta acquisition andaccess to Touchcom's One Facility software (acquired in 2008) willenhance Adesta's ability to grow its security-related business."Completion of the acquisition will be subject to customary closingconditions and relevant regulatory approvals.For further enquiries, please contact:Helen Parris - Director of Investor Relations +44 (0)1293 554400Media enquiries:Kevin Smith - Citigate Dewe Rogerson +44 (0) 7973672649Notes to Editors:G4S is the world's leading international security solutions group,which specialises in outsourced business processes in sectors wheresecurity and safety risks are considered a strategic threat.G4S is the largest employer quoted on the London Stock Exchange andhas a secondary stock exchange listing in Copenhagen. G4S hasoperations in over 110 countries and over 585,000 employees. Formore information on G4S, visit www.g4s.com.---END OF MESSAGE---http://hugin.info/141489/R/1355537/329072.docThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 17.11.2009 - 10:46 Uhr
Sprache: Deutsch
News-ID 8491
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