The merger between Great Britain’s Securicor and the Denmark-based Group 4 Falck is complete, the companies announced. The new company, now the second largest security group in the world, will be known as Group 4 Securicor. Also completed was the dissolution of Group 4 Falck into Group 4 and Falck.
Under the transactions, Group 4 Falck’s Rescue & Safety business and the net profits from the recent sale of Global Solutions Ltd. are now held by Falck.
Access control manufacturer AMAG Technology Inc., of Torrance, Calif., is a subsidiary of Group 4.
Initial plans for the merger were announced in February.
