Purchase of further interest in Hashmira Company Limited Israel
The consideration of approximately £9.1m will be satisfied in cash. Hashmira has cash balances totalling approximately £10m.
Group 4 Falck acquired 50% of the shares in Hashmira in 2002. Hashmira is the largest security company in Israel, employing around 10,000 guards and providing a range of guarding and other security services.