ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

SGD Sectorguard

1.50
0.00 (0.00%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sectorguard LSE:SGD London Ordinary Share GB0031427940 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Acquisition

20/06/2007 8:01am

UK Regulatory


RNS Number:6592Y
SectorGuard PLC
20 June 2007


     SectorGuard Plc / Ticker: SGD / Index: AIM / Sector: Support Services


20 June 2007
                SectorGuard Plc ('SectorGuard' or 'the Company')
                                        
             Acquires Hertfordshire Based Security Systems Business

SectorGuard plc, the AIM listed total security solutions group, has acquired the
assets of Euro Security Systems  ('Euro'), a business focused on the
installation and maintenance of electronic security systems including intruder 
alarms access control and cctv, for #232,000 in cash.  This acquisition, the
Company's second in 2007, continues  SectorGuard's aggressive expansion strategy
aimed at increasing its market share across the security sector.

Euro, which is based in Hertfordshire, will be integrated into SectorGuard's
Fire & Security Services division and will  operate from its Hertfordshire head
office and the newly opened Cheshire office.  Euro's operational and engineering
staff will complement SectorGuard's existing team in the enlarged business and
Euro's Managing Director Una Riley will  be joining SectorGuard as Group Head of
Communications.

Euro, which has been trading for more than 20 years, reported turnover of
#940,000 for the year ended 31 January 2006.  It has a broad range of both
residential and commercial clients and has a number of nationwide contracts,
including  Esso Petroleum, Kwik Fit and Pumpkin Patch.

Una Riley has been a leading figure in the security industry for many years. 
She is a past Master of the Company of  Security Professionals and has been an
active member of various trade associations, including the British Security 
Industry Association, where she has held representative positions and has been a
Regional Chairman of the National  Approval Council for Security Systems
('NACOSS'). She is a regular contributor to Professional Security magazine and
in  addition to her security industry involvement she is Middle Warden of the
Guild of Public Relations Practitioners. As  the newly appointed Group Head of
Communications, Una will be responsible for raising SectorGuard's profile with 
clients, prospective clients and the general public.

SectorGuard CEO David Marks said, "In completing the acquisition of Euro, we are
increasing both our market penetration  and geographic spread, thereby placing
the enlarged business in a better position to service the requirements of 
existing and potential clients. We are also retaining the services of a leading
spokesperson in the security industry,  Una Riley, as our Group Head of
Communications to assist us in achieving greater market awareness of SectorGuard
and  its position as a leading provider of total security solutions.

"Businesses such as SectorGuard need to invest continuously in infrastructure to
enable them to obtain the greatest  benefit from continued growth. Our recent
acquisitions, including the one announced today, have added far more than 
turnover to the business - they have brought a wealth of experience to the Group
and facilitated further expansion."

SectorGuard, founded in 1998, supplies total security solutions across the UK. 
It has four key divisions: fire &  security systems, response services, retail
security tagging and security personnel servicing a broad range of public  and
private sector clients.
                                        
                                  * * ENDS * *
                                        
For further information visit www.sectorguard.plc.uk or contact:

David Marks      SectorGuard Plc                Tel: 07734 051 547
Isabel Crossley  St Brides Media & Finance ltd  Tel: 020 7242 4477
Jonathan Wright  Seymour Pierce Limited         Tel: 020 7107 8000






                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
ACQBRGDLGDBGGRC

1 Year Sectorguard Chart

1 Year Sectorguard Chart

1 Month Sectorguard Chart

1 Month Sectorguard Chart

Your Recent History

Delayed Upgrade Clock