G4S Acquires the Project Security Systems Division of Eureka Forbes

New Delhi, India (PressExposure) October 25, 2009 -- G4S India takes over the project security systems division of Eureka Forbes Ltd and with this acquisition; G4S will double the size of its security systems business in India. G4S and Eureka Forbes have also entered into 50:50 Joint Venture for Monitoring Home Alarm systems in India.

Mr. Marzin R Shroff, CEO Direct Sales, Eureka Forbes Ltd. feels that this joint venture is a perfect partnership that brings together the knowledge and proficiency of the two leaders in their fields which will not only help to reach out to more customers, but will also provide better customer service.

Ms. Rupal Sinha, Regional Managing Director is particularly happy that this acquisition and strategic partnership has come at a time when G4S has achieved the significant milestone of two decades successful operations in India on October 23, 2009. This will further strengthen G4S in providing efficient, effective and sustainable security solutions in the Indian market for which it has been recognized and accredited as pioneers for setting security industry

Further, talking about G4S' journey in India, Ms. Sinha says that it all started with the vision of Mr. Jorgen Philip-Sorensen CBE, President Emeritus, G4S, to lead the global security industry and have a worldwide footprint that attracted him to the Asian market in late 80's. He felt that India is on the verge of globalization and a need for emerging security industry will be inevitable for the business environment.

His vision met with the imagination of David I. Hudson MBE, Regional President, G4S, who came to India to start the operations of Group 4 Securitas, (as it was then called) and built this business to the magnitude that today it is considered to have set benchmark in the Indian security industry. As Mr. Hudson quotes - "Business in India is only limited by your imagination". The world didn't stop there and Mr. Hudson grew the business in Africa, Middle East and Asian markets.

G4S India strived in early 90's to establish the concept of professional manned security services and thereafter offered multiple security solutions that entailed Security Systems, Cash Services, Facility Management with focused training and quality delivery being key to all the businesses. To maintain uniformity and excellence, G4S conceptualized that the operating businesses must be supported with the in-house garment manufacturing unit, IT solutions and technology and Recruitment Company.

G4S' garment manufacturing company, Indo British Garments, accredited with SA 8000, has now grown to become leading uniform solution provider within G4S worldwide exporting uniforms to over 50 countries. G4S IT Services and the recruitment company, First Select, has similarly expanded its horizon by offering support to G4S companies in Middle East, Asia and Africa.

G4S India has primarily grown organically and the past twenty years have been eventful, and in many ways, epoch making journey, in terms of both phenomenal growth, range of services provided, and a virtually all-embracing portfolio of clients.

"With over 140,000 employees, we are not only the second largest private employer in India but the country's largest security company and none of this would have been possible without the loyalty and support of our employees, who are our biggest assets and these are always reflected in our care, compassion, concern and equal opportunity that we display not only towards our employees but to the community at large with our CSR initiatives".... says Ms. Sinha.

Ms. Sinha is enthusiastic about the future saying, "We enjoy the business of assisting our clients in finding the security solutions. This often requires balancing competing objectives, and that's where our experience is invaluable. We are all very proud of this accomplishment and grateful to our customers and employees who helped us reach here.

About G4S

G4S is the world's largest security solutions group with a turnover of GBP 5.9 billion as on 31st December 2008. It has presence in six continents and extends its services to cover more than 110 countries with employee strength of 585,000 people. With more than 100 years of existence and with its commitment to be a Total Quality Service Provider, G4S is a pioneer in providing world class Security (including Manned Security, Security Systems and Justice Services), besides security-related services.

Press Release Source: http://PressExposure.com/PR/G4S.html

Press Release Submitted On: October 25, 2009 at 6:41 am
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