Last Updated on Monday, 2 December, 2024 at 5:11 pm by Andre Camilleri
KDM Investments Ltd, at the core of the diversified KDM Group, has officially acquired the remaining equity of G4S Security Services Ltd and G4S Security Services (Malta) Ltd from Allied Universal. This strategic acquisition brings KDM Investments Ltd’s ownership from 49.9% to 100%, cementing KDM Group’s presence in the security services industry and reinforcing its commitment to innovation, quality, and sustainable business growth. The company confirmed that all conditions precedent related to the acquisition have been satisfied, paving the way for this significant milestone.
The full acquisition reflects KDM Group’s confidence in G4S Malta’s strong market position and future potential. The Group, well-known for its wide-ranging and resilient business ventures in Security (G4S Malta Group), Aviation (Avia Group), Parking & Mobility (CtGroup) and Tourism (FCM Travel and Travel Mall), views this milestone as a major opportunity to further enhance its service offerings in the security sector. Following the equity change, KDM Group has assured all stakeholders that there will be no disruptions or alterations to G4S Malta operations. G4S Malta, the largest and longest-serving security company in Malta established locally since 1988, remains steadfast in its dedication to its 1,600 employees and its clients and suppliers, continuing its trusted legacy of excellence in integrated security services, manned and professional security, electronic security systems, and cash management services, and confirms that it will continue to operate under the G4S brand and the global standards it is well known for.
Kenneth De Martino, Chairperson of KDM Group, shared his enthusiasm about this new chapter: “The full acquisition of G4S Malta aligns perfectly with our strategic vision for sustained growth and sector leadership. G4S Malta is a valuable asset with tremendous potential, and we are excited to invest in its future. Our goal is to drive its development while maintaining the exceptional service standards that have made it a market leader.”
Ing. Edward Chetcuti, CEO of G4S Malta, highlighted the organisation’s ongoing commitment to excellence and stability: “Our experienced and dedicated teams have been the backbone of G4S Malta’s success, and I want to reassure all employees, clients, and partners that it’s business as usual. This acquisition represents an opportunity for us to build on our strengths, explore new avenues for innovation leveraging on technology advances such as AI and its application within the security and cash services, and enhance our service offerings under the strategic guidance and investments that will be provided by KDM Group.”
With this acquisition, KDM Group reaffirms its position as a forward-thinking and growth-oriented enterprise. The strategic integration of G4S Malta into the KDM family promises a future of stability, opportunity, and shared success, contributing positively to the Maltese economy and the broader security services landscape. For further information about G4S Malta, one can visit www.g4s.mt. For further updates on KDM Group, please visit: www.kdm.com.mt.
