Brink’s purchases Brazilian firm

» 0 Comments | Post a Comment

-- The Brink's Co., a Henrico County-based security services company, has acquired a Brazilian security firm.

Brink's, which already has a substantial presence in Brazil through a subsidiary there, said it will pay about $50 million for Campo Grande-based Sebival, a provider of cash-in-transit and payment processing services in midwestern Brazil.

Sebival employs 3,300 people and has annual revenue of about $60 million. Established in 1970, Sebival has 20 branch locations.

The Brink's Co. provides secure transportation and cash management services. It spun-off its U.S.-based home security business into a separate, publicly traded company in October.

Advertisement

 
View More: latest news,
Not what you're looking for? Try our quick search:
 

Advertisement

Reader Reactions

Post a Comment(Requires free registration)

  • Please avoid offensive, vulgar, or hateful language.
  • Respect others.
  • Use the "Flag Comment" link when necessary.
  • See the Terms and Conditions for details.
Click here to post a comment.

Advertisement

Advertisement

Online Features
Blogs
DataCenter
Videos
Weekend
 

Advertisement