Overseas Civilian Contractors

News and issues relating to Civilian Contractors working Overseas

KK Security acquires G4S Rwanda operations

Business Daily  March 7, 2012

KK Security has acquired the operations of rival firm G4S in Rwanda as it continues to look for buyout opportunities to boost its foothold in the Eastern Africa market.

 G4S has been operating in Rwanda since 2008 after it entered the market through the global purchase of Armor Group, which gave it a presence in countries where it didn’t have operations like Algeria, Rwanda and Sudan.

But the Rwandan business lost lustre after G4S lost its prize client—the American Embassy—to KK Security, prompting it to cede its Kigali operations to its rival.

Under the deal, whose value was not disclosed, G4S will cease operating the security business and transfer hundreds of guards to KK Security along with its remaining clients like the French embassy, Ericsson and SKOL.

Mr James Omwando, the CEO of KK Security confirmed the deal and said the two firms had been negotiating for the past four months.

“We have not bought the entire company, but took all their clients in Rwanda, and that has given us a big presence in the diplomatic segment,” said Mr Omwando in an interview with the Business Daily on Wednesday

March 7, 2012 - Posted by | Africa, ArmorGroup, Civilian Contractors, G4S, Private Security Contractor | , , ,

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