GardaWorld turns to Africa with KK Security acquisition
Canadian security firm GardaWorld has completed the acquisition of KK security as it looks to expand its footprint across Africa.
Considered the world’s largest privately owned security and cash services provider, the security firm is eyeing lucrative business opportunities by multinational companies setting shop in the region.
KK security already has a presence in seven African countries, and now bumps up GardaWorld’s African footprint to 18.
GaradaWorld President Oliver Westmacott said the acquisition will enable the company meet the growing demands of its clients as they grow their operations in Africa.
“Our clients are investing money and efforts in Africa and GardaWorld is committed to support them with their security needs wherever they are,” Mr Westmacott said.
KK Security Chief Executive Officer James Omwando said the partnership will enable the local firm scale up its service portfolio and tap new clients.
“This, combined with a high-performance track record has seen us establish successful operations in seven African countries and we are now excited to be in a position to take KK to the next level,” he said.
The security firm has appointed Nick Arnold as the Managing Director for East Africa, bringing over 20 years’ experience in Africa having held senior management positions in the security industry, general management, business development and operations.
GardaWorld has said that the acquisition will not impact the existing management structure of KK Security. The two firms will however work to integrate the business to deliver international standards and opportunities unique to each country needs and requirements.