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Securiguard is on the prowl

5th July 1990, Page 16
5th July 1990
Page 16
Page 16, 5th July 1990 — Securiguard is on the prowl
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Which of the following most accurately describes the problem?

• Securiguard is on the acquisition trail again following last month's £3. 5m swoop on A-Z Couriers, the Londonbased van and motorbike despatch firm.

The company revealed this week that it is poised to take over another, smaller firm, but no further details have been released. "Securiguard is in a very expansive mood following record profits last year," says a spokesman for the firm, which is also parent to City Link Transport Holdings. A turnover of <£25m is projected for 1990/91.

A-Z Couriers was bought for an initial consideration of V m.

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