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Argenbright announces £60m UK investment

published on 2023-05-11 09:38:42 UTC by Simon Finlay
Content:

The US-based Argenbright Group is to invest another £60m in its UK operations over the next two years.

The Atlanta, Georgia, company has already spent a similar sum for its security platform, Argenbright Security Europe Limited.

Last year it sank money into Amberstone Security and then acquired the Protector Group that same year as well forging a partnership with Tailored Fire & Security in early 2023. Argenbright will explore aviation services in the UK.

Ernie Patterson, Chairman, International Business for Argenbright Group said: “We are deliberate and thoughtful regarding where and how we align ourselves.

“These three acquisitions and partnerships bring a technology-led approach to the security and safety business. I’m proud to help lead the Argenbright brand in the UK and foster its unique business approach within the British market.”

The Argenbright Group includes Velociti Services, a facilities services company, and Unifi Aviation, the largest provider of aviation services in the US.

Karan Ishwar, Group CEO, Argenbright Group added: “The UK is an integral part of Argenbright’s story, and it’s an integral part of our future growth. We are optimistic about our growth prospects in the country and feel confident about what’s in our pipeline. We have also been fortunate to have fantastic partners so far and are committed to continuing to invest in the UK and its people.”

The firm has 3,000 staff in the UK.

The company was founded in 1979 by Atlanta-based entrepreneur Frank A. Argenbright Jr and is reportedly a £1.4bn operation globally.

UK NEWS

Article: Argenbright announces £60m UK investment - published over 1 year ago.

https://securityjournaluk.com/argenbright-announces-60m-uk-investment/?utm_source=rss&utm_medium=rss&utm_campaign=argenbright-announces-60m-uk-investment   
Published: 2023 05 11 09:38:42
Received: 2023 05 11 09:47:50
Feed: Security Journal UK
Source: Security Journal UK
Category: Security
Topic: Security
Views: 3

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