Prosegur

Prosegur Compañía de Seguridad, S.A
Sociedad Anónima
Traded as BMAD: PSG
Industry Security
Founded 1976
Headquarters Madrid, Spain
Area served
Worldwide
Key people
Helena Revoredo (Chairman)
Christian Gut (CEO)
Services Manned 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)
Website www.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.[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.

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

Global presence

Prosegur operates in 17 countries across four 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 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)[4] Prosegur holds a market leading position in many of the countries in which it operates, including Spain, Brazil and Germany.

In April 2017, Prosegur's office in Ciudad del Este was robbed army style in "the biggest heist in Paraguay's history".[5]

Social responsibility

Prosegur actively promotes socially responsible practices. Examples include:

  • It has been awarded the "Top Employer" award in Spain and Brazil by the Top Employers Institute[6][7]
  • It is a signatory of the UN Global Compact[8]
  • It has established the Prosegur Foundation, with a focus on education and social and employment integration for disabled people and corporate volunteer work[9]
  • It is a member of the FTSE4Good IBEX index[10]

References

  1. "Prosegur". Bourroul Consultoria. 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. "Paraguay robbery: Huge Brazilian gang mounts multi-million-dollar raid on armoured car firm, four dead". ABC News. April 25, 2017. Retrieved May 14, 2017.
  6. "Prosegur". Top Employers Institute. Retrieved 11 Nov 2013.
  7. "Prosegur". Top Employers Institute. Retrieved 11 Nov 2013.
  8. "2012 Communication on Progress". UN Global Compact. Retrieved 11 Nov 2013.
  9. "Fundación Prosegur, 2012 Annual Report" (PDF). Fundación Prosegur. Retrieved 11 Nov 2013.
  10. "FTSE4Good IBEX". Bolsa de Bilbao. Retrieved 11 Nov 2013.
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