Prosegur

Prosegur Compañía de Seguridad, S.A
TypeSociedad Anónima
BMAD: PSG
IndustrySecurity
Founded1976; 50 years ago (1976)
Headquarters
Madrid
,
Spain
Area served
Worldwide
Key peopleHelena Revoredo (Chairman)
Christian Gut (CEO)
ServicesManned guarding, cash in transit, security technology, security consulting, residential security
Revenue€ 4,291 million (2017)
€ 220 million (2017)
Number of employees
More than 170,000 (2017)
Websitewww.prosegur.com
Prosegur armoured van
Prosegur armoured van (profile)
Mercedes truck based Prosegur van

Prosegur Compañía de Seguridad, S.A ("Prosegur") is a multinational security company, headquartered in Madrid, Spain.

History

Prosegur was founded in 1976 by Herberto Gut. It began as a private security company, with a particular focus on power plants, industrial facilities, and shopping centres. In 1987, it became the first security company to list on the Madrid Stock Exchange, and remains the largest company in the private security industry in Spain.[citation needed]

In March 2017, Prosegur demerged its cash business, which listed separately on the Madrid Stock Exchange, Prosegur Cash remains majority owned by Prosegur.[citation needed]

Global presence

Prosegur operates in 31 countries across four continents. Prosegur's entry into new markets and subsequent expansion has often been through acquisition. Its operations grew initially through Spain, Portugal, and Latin America, but have since expanded to other parts of Europe and Asia. Prosegur holds a market-leading position in many of the countries in which it operates, including Spain, Brazil, and Germany.[citation needed]

In December 2013, Prosegur entered the Australian market with the acquisition of the second largest cash in transit business in the country, the Australian division of Chubb Security for A$145 million (€95 million). In July 2022, Prosegur and Armaguard agreed terms to merge their Australian operations. The merger was approved by regulators in June 2023.

Social responsibility

Prosegur actively promotes socially responsible practices. Examples include:

Prosegur Foundation

The Prosegur Foundation is a non-profit organization that channels Prosegur's social and cultural initiatives, with the aim of helping to build a more supportive society with less inequality. This organization carries out social projects that address the real needs of the communities where the company operates, promote the education of new generations, and foster the social and professional inclusion of people with intellectual disabilities.

References

  1. ↑ "Prosegur". Bourroul Consultoria. Archived from the original on 11 November 2013. Retrieved 11 Nov 2013.
  2. ↑ "PROSEGUR, CIA. DE SEGURIDAD, S.A." Bolsa de Bilbao. Retrieved 11 Nov 2013.
  3. ↑ es:Prosegur
  4. ↑ Prosegur Compania de Seguridad SA through subsidiary acquires Chubb Security Services Pty Limited, Reuters, Dec 16, 2013
  5. ↑ Death of cash forces Armaguard, Prosegur to merge Australian Financial Review 29 July 2022
  6. ↑ Lekakis, George (2023-06-13). "ACCC approves Armaguard-Prosegur merger". Banking Day. Retrieved 2024-08-03.
  7. ↑ "Prosegur". Top Employers Institute. Archived from the original on 11 November 2013. Retrieved 11 Nov 2013.
  8. ↑ "Prosegur". Top Employers Institute. Archived from the original on 11 November 2013. Retrieved 11 Nov 2013.
  9. ↑ "2012 Communication on Progress". UN Global Compact. Retrieved 11 Nov 2013.
  10. ↑ "Fundación Prosegur, 2012 Annual Report" (PDF). Fundación Prosegur. Archived from the original (PDF) on 24 September 2015. Retrieved 11 Nov 2013.
  11. ↑ "FTSE4Good IBEX". Bolsa de Bilbao. Retrieved 11 Nov 2013.