G4S, a secure solutions group, acquired G4S Applied Security of Detcon (“Detcon”). Detcon is dedicated to the design, engineering and installation of fire detection, surveillance, building management and access control systems. Accordingly, it complements the acquisition of Control Systems Argentina in Oct. 2009 by expanding the group’s presence within its current customer base as well as providing access to other targets which are using complementary technologies.
G4S, a secure solutions group, acquired G4S Applied Security of Detcon ("Detcon"). Detcon is dedicated to the design, engineering and installation of fire detection, surveillance, building management and access control systems. Accordingly, it complements the acquisition of Control Systems Argentina in Oct. 2009 by expanding the group's presence within its current customer base as well as providing access to other targets which are using complementary technologies.
Detcon was acquired from Alberto Jorge Alvarez and has gross assets of US$ 2.3 million and had sales revenue of US$ 4.5 million in 2010.