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Secureco to focus on guarding and armed response

Secureco, established by ABSA Corporate bank and a Singaporean consortium early last year, has announced it is to substantially lift its presence in the suburban armed response and guarding market over the next 24 months as part of its plan to see this niche market grow from a revenue stream of R25m per year to more than R80m.

This follows the completion of a R150m acquisition spree.

Commenting on the new niche market drive, Chairman and GEO (Group Executive Officer), Angus Partridge, said the suburban security market - where security providers offer armed response and general security services to homeowners - is a 'pivotal market in the overall security mix'. He said the company, which has a presence in the Gauteng, KwaZulu-Natal and Cape regions, is now 'geared to penetrate the top end of the suburban market'.

Secureco, which is aiming for a R400m turnover in five years, offers a slew of security services, including security protection services, security transport services, security systems and security consultancy.

For further details contact Secureco on tel: (012) 800 1121.

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