Transguard wins nearly $1bn in contracts in 2018
Key milestones include the successful acquisition of G4S Cash Services, two new business launches and nearly $816m (AED3bn) in contracts
Transguard Group’s contracts for 2018 was worth $816m (AED3bn), as the firm also launched two new business units, and made a key acquisition along the way.
Greg Ward, managing director, Transguard said that while all of the growth was taking place the firm’s existing customers continued to receive high levels of service.
Among the highlights of 2018, the late December acquisition of Abu Dhabi-based G4S Cash Services effectively positioned Transguard Cash as the UAE’s foremost cash management provider.
Transguard picked up contracts both locally and internationally, including renewals and new account wins. “Our Integrated Facilities Services (IFS) division experienced a particularly robust year, with AED 168 million in contracts on the books and continuing growth in various sectors, including major shopping malls in Dubai and Abu Dhabi, as well as popular residential areas in Dubai,” said Stephen Beesley, chief operations officer, Transguard.
In 2018, Transguard also began Transguard Delivery – a Dubai-based courier solution catering to small and medium businesses in the emirate.
In November 2018 Transguard Security added Executive Protection to its portfolio catering to prominent business leaders, government officials, celebrities and families, with super model Naomi Campbell and Arabic singer Nancy Ajram among its first assignments.