A major Japanese security company, Secom, has acquired a Northern Ireland security company with the aim of broadening its business interests in the UK as well as the EU.
The UK arm of Secom, Secom PLC, purchased all outstanding shares in Scan Alarms & Security Systems. The British security company is located close to Belfast and was founded in 1982. It primarily deals in security equipment such as surveillance cameras, but also offers associated services.
The security market in the UK is flourishing, and Secom has been hoping to make its mark in this industry since the 1990s. It purchased Carroll Security Group in 1991 and then went on to acquire Ambassador Security Group in 1995. Today, Secom serves customers across the UK, but does not have a foothold in Northern Ireland.
While the demand for manned and armed security in the UK is on the rise, there is also a demand for unmanned security services. Secom is hoping to cash in on this demand as unmanned security services are its specialty. It also appears that the Japanese security contractor does not seem to be overly concerned about Britain exiting the EU.
Most security contractors in the UK provide guards to their business clients. However, clients are now looking to save costs and are slowly moving towards unmanned security solutions. Secom offers high-quality unmanned security options at a low cost, and the company also sends its staff if there is an emergency. This has helped Secom gain a reasonably strong foothold in the UK.
In the UK, most SMEs in the security industry offer localised services. Secom is looking to offer unmanned security services in all regions to get large clients, namely financial institutions. The company has the distinction of being the number three company in the country offering camera-based security solutions.