Allied Universal purchases Canada's Source Security & Investigations
Wendel welcomes the acquisition by Allied Universal of Source Security & Investigations, based in Halifax, Nova Scotia.
Founded in 2002, Source Security is a Canadian leading security group with a range of innovative and cost-effective services and offices that span the country. The company provides uniformed security professionals and technological security solutions.
The company also offers VIP security, industrial and event security and private investigations in offices across 8 provinces and 21 cities in Canada. The company services clients across multiple sectors including higher education, industrial, retail, hospitals, government transit hubs and auto ports.
Source Security & Investigations is Allied Universal's third acquisition following the merger of Universal Services of America and AlliedBarton Security Services to form the new Allied Universal.
These transactions will contribute positively to Allied Universal's long-term value creation. Wendel is the co-controlling shareholder of Allied Universal with ca. 33% of its capital.
Calendar
12/1/2016
2016 Investor Day / Publication of NAV and trading update (pre-market release)
In London
3/23/2017
2016 full-year earnings / Publication of NAV (pre-market release)
In Paris
5/18/2017
Shareholders' Meeting / Publication of NAV and trading update (before Shareholders' Meeting)
In Paris
9/7/2017
H1 2017 earnings / Publication of NAV (pre-market release)
By conference call
11/30/2017
2017 Investor Day / Publication of NAV and trading update (pre-market release)
About Wendel
Wendel is one of Europe's leading listed investment firms. The Group invests internationally, in companies that are leaders in their field, such as Bureau Veritas, Saint-Gobain, Cromology, Stahl, IHS, Constantia Flexibles and Allied Universal. Wendel plays an active role as industry shareholder in these companies. It implements long-term development strategies, which involve boosting growth and margins of companies so as to enhance their leading market positions. Through Oranje-Nassau Développement, which brings together opportunities for investment in growth, diversification and innovation, Wendel is also a shareholder of exceet in Germany, Mecatherm in France, Nippon Oil Pump in Japan, Saham Group and SGI Africa in Africa and CSP Technologies in the United States.
Wendel is listed on Eurolist by Euronext Paris.
Standard & Poor's ratings: Long-term: BBB-, stable outlook - Short-term: A-3 since July 7, 2014. Wendel is the Founding Sponsor of Centre Pompidou-Metz. In recognition of its long-term patronage of the arts, Wendel received the distinction of " Grand Mécène de la Culture " in 2012.
For more information: www.wendelgroup.com
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Press contacts Analyst and investor contacts
Christine Anglade-Pirzadeh: +33 (0)1 42 85 63 24 Olivier Allot: +33 (0)1 42 85 63 73
c.anglade@wendelgroup.com o.allot@wendelgroup.com
Caroline Decaux: +33 (0)1 42 85 91 27 Elisa Muntean: +33 (0)1 42 85 63 67
c.decaux@wendelgroup.com e.muntean@wendelgroup.com
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