Advancing UK Aerospace, Defence, Security & Space Solutions Worldwide
  • Home
  • /
  • Security
  • /
  • G4S set for takeover by Allied Universal

Security

G4S set for takeover by Allied Universal

London headquartered British global security services company G4S plc (formerly Group 4 Securicor), is set to be taken over by Allied Universal Topco LLC (Allied Universal).

Above: Port security in Colombia.
Courtesy G4S

The Board of G4S has noted the recent announcement by Allied Universal Topco LLC (Allied Universal) that it has received acceptances of 79.09% for the cash offer of 245 pence per G4S share (the Final Allied Universal Offer) made by Atlas UK Bidco Limited (Allied Bidco) and that the Final Allied Universal Offer has become unconditional as to acceptances.
 
John Connolly, Chairman of the G4S Board, said: “We are pleased that a very large proportion of shareholders have accepted Allied Universal’s final offer. The G4S board believes that the offer provides shareholders with an attractive premium, while securing the future success of G4S for employees, customers, pension scheme members and other stakeholders.

Advertisement
ODU RT

"I would like to thank Ashley and his team together with all employees for the successful transformation of G4S in recent years, which has made this transaction possible and I would like to thank my fellow Board members for their excellent work. Finally, I would like to thank all of our shareholders for their strong support.”

Ashley Almanza, Chief Executive Officer of G4S said: "The combination of G4S and Allied Universal creates the global leader in security with revenues of over $18 billion, industry leading talent and expertise and unmatched market coverage. This unique combination will offer customers exceptional service and provides employees with an exciting future. 

"I would like to thank the Board and our shareholders for their support and to thank colleagues across G4S for their outstanding contribution to the successful re-positioning of G4S that has made this transaction possible. My team and I look forward to working with Allied to support a successful integration of the two businesses.”

The G4S Directors unanimously recommend that those G4S shareholders, who have not already done so, accept the Final Allied Universal Offer.
 
Allied Bidco has obtained substantially all of the required antitrust and regulatory approvals and foreign direct investment clearances in applicable jurisdictions and confirmed that, if any Conditions remain outstanding on the final date under the Code by which the Final Allied Universal Offer must become wholly unconditional or lapse, it intends to waive such Conditions.
 
Allied Bidco expects that the Final Allied Universal Offer will become wholly unconditional on 6th April 2021.

Advertisement
DSEI 2025

Allied Universal has over 265,000 employees and revenues exceeding $9.5 billion. It provides security services and technology solutions and has offices located throughout the US as well as internationally (Canada, Mexico, United Kingdom) and is responsible for protecting more than 50,000 client sites.

 

Advertisement
General Atomics LB
Axon introduces new products and partnerships

Security

Axon introduces new products and partnerships

24 April 2025

Axon has introduced a number of new products and partnerships, expanding its real-time network and public safety ecosystem.

Heathrow Airport extends partnership with Safe365

Aerospace Security

Heathrow Airport extends partnership with Safe365

23 April 2025

Heathrow Airport has renewed its commitment to workplace and passenger safety by extending its partnership with Safe365 - a New Zealand-based safety technology company - for a further three years, which was witnessed in a ceremony attended by New Zealand Prime Minister Christopher Luxon.

Independent review turns to tackling Britain’s biggest crime

Security

Independent review turns to tackling Britain’s biggest crime

23 April 2025

Better protections for the British public against fraud, and tougher enforcement against the perpetrators, will be the goals of the first independent review carried out in 40 years into the UK’s fraud laws.

Unifi secures Oxford Airport ground handling and security contracts

Aerospace Security

Unifi secures Oxford Airport ground handling and security contracts

17 April 2025

Unifi has secured its first business aviation ground handling contract and its third Fixed Base Operation/FBO security contract in the UK at London Oxford Airport, marking a major expansion of its services and a new milestone in its global growth.

Advertisement
ODU RT
M Group acquires Telent

Defence Security

M Group acquires Telent

16 April 2025

M Group has aquired Telent, a provider of operational technology and digital solutions for Critical National Infrastructure (CNI) across the UK and Ireland.

Met brings leader of fraud platform to justice 

Security

Met brings leader of fraud platform to justice 

15 April 2025

A massive worldwide operation led by the Met has seen a prolific cyber-criminal sent to prison for eight-and-a-half years.

Advertisement
DSEI 2025