Prosegur

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Prosegur Compañía de Seguridad, S.A
Sociedad Anónima
Traded as BMADPSG
Industry Security
Founded 1976
Area served
Worldwide
Key people
Helena Revoredo (Chairman)
Christian Gut (CEO)
Services Manned guarding, cash in transit, security technology, security consulting, residential security
Revenue 3.783 billion (2014)
€159 million (2014)
Number of employees
158,000 (2014)
Website www.prosegur.com
Prosegur armoured van
Prosegur armoured van (profile)

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

History

Prosegur was founded in 1976 by Herbert Gut. It began as a private security company, with a particular focus on power plants, industrial facilities and shopping centres.[1] In 1987, it became the first security company to list on the Madrid Stock Exchange,[2] and remains the largest company in the private security industry in Spain.

Global Presence

Prosegur operates in 17 countries across 4 continents. Prosegur's entry into new markets and subsequent expansion has often been through acquisition.[3] Its operations grew initially through Spain, Portugal and Latin America, but have since expanded to other parts of Europe and Asia.

In 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)[4]

Prosegur holds a market leading position in many of the countries in which it operates, including Spain, Brazil and Germany.

Social Responsibility

Prosegur actively promotes socially responsible practices. Examples include:

  • It has been awarded the "Top Employer" award in Spain and Brasil by the Top Employers Institute[5][6]
  • It is a signatory of the UN Global Compact[7]
  • It has established the Prosegur Foundation, with a focus on education and social and employment integration for disabled people and corporate volunteer work[8]
  • It is a member of the FTSE4Good IBEX index[9]
  • In 2013, Prosegur was the subject of an OECD complaint alleging serious and ongoing denial of human and trade union rights across South America.

Notes

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  3. es:Prosegur
  4. Prosegur Compania de Seguridad SA through subsidiary acquires Chubb Security Services Pty Limited, Reuters, Dec 16, 2013
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External links