As part of its plan to focus on additional niche markets, Secureco, one of SA's only fully-integrated security companies, has announced it is to increase its stake in the building industry by actively pitching its security services at large shopping and business complexes.
The company is on the short list to win the security contract for a new billion-rand shopping complex in Umhlanga on the KwaZulu-Natal North Coast. Once completed it will be the largest shopping complex in the southern hemisphere. The contract, which is expected to be awarded in September, will be worth R60m over five years.
"This is the type of contract we are looking for within the building industry - we intend getting in early when complexes are still in the planning and building phase. This is a long term process, but we believe it is going to be a key market for us," said Angus Partridge, Group CEO of Secureco.
Partridge said the company's aim is to have a physical presence in these shopping and business centres, including the establishment of a control room from where the company can monitor a wide range of services, including access control, perimeter control and guarding services.
Secureco, established by ABSA Corporate bank, and a Singaporean consortium early last year, offers a comprehensive range of security services, including security protection services, security transport services, security systems and security consultancy.
The group recently spent R150m to acquire a number of security companies in the Gauteng, Cape and KwaZulu-Natal regions. These acquisitions served to add both critical mass and expertise to a number of its security disciplines, including armed response, cash-in-transit, guarding and consulting.
For further details contact Secureco on tel: (012) 800 1121.
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