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Noonan Services buys London security provider

21 November 2017

Dublin-based Noonan Services has announced the purchase of London security provider Ultimate Security Services for an undisclosed sum, according to the Irish Times.

This will see further expansion of Noonan Services' existing security division, which is complemented by contract cleaning and FM services.

It follows the purchase of Noonan itself in early September this year, when it was bought by South African services, trading and distribution group BidVest for euro 175m.

Ultimate Security Services was launched in 1999 and employs more than 2,100 security officers working in 240 locations, one of which is London's The Shard.

Noonan chief executive John O'Donoghue said in addition to significantly increasing his company's standing as a leading UK provider of security services, the deal would also deliver "unique expertise in servicing prestigious, high-end corporate offices in London".

He further stated the acquisition would provide "a robust platform to accelerate our growth plans in London and across the UK".

The company is reported to have grown significantly in recent years and its latest acquisition is its most significant since the purchase of Northern Ireland-based Resource Group in 2014.

Following its latest purchase, the company is now said to employ around 15,000 people.

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