New security firm launched

G4S was formed in July 2004 when Group 4 Falck and Securicor merged to form one company. Group 4 Falck was a Danish company listed on the Copenhagen Stock Exchange. It was the second largest security services provider globally with operations in more than 85 countries around the world. Group 4 Falck was organised in three main business divisions: security services (guarding and alarm services); rescue and safety services (such as fire, ambulance and rescue services) and global solutions, including justice services (such as prisoner transportation and immigration services).

Securicor was an English company listed on the London Stock Exchange which operated in three main areas: cash services, justice services and guarding and alarm.

Prior to the merger, the Group 4 Falck was de-merged into two new separate companies, Falck A/S and Group 4 A/S (—Group 4), which is listed on the Copenhagen Stock Exchange. The global solutions and the rescue and safety services were transferred to Falck A/S. The guarding, alarm and cash services business were transferred to Group 4.

Securicor owned 51 percent of the shares in Securicor Trinidad while Neal and Massy and Republic Bank own 24 and 25 percent respectively. Now that Securicor has become G4S the local Securicor will now reflect that image.

Managing Director of G4S in Trinidad, Joseph Smith, said that the company’s vision was to become the leading security solutions company in Trinidad. Smith said that they would conduct business with the uttermost integrity and provide their customers with a quality service.

He said that they embraced the opportunity to be involved with an organisation that has its foothold internationally. G4S operates in many islands of the Caribbean including Barbados, St Lucia, Grenada and Jamaica.