Prosegur

Prosegur Compañía de Seguridad, S.A ("Prosegur") is a multinational security company, headquartered in Madrid, Spain.

Prosegur Compañía de Seguridad, S.A

Company type	Sociedad Anónima
Traded as	BMAD: PSG
Industry	Security
Founded	1976; 49 years ago (1976)
Headquarters	Madrid , Spain
Area served	Worldwide
Key people	Helena Revoredo (Chairman) Christian Gut (CEO)
Services	Manned guarding, cash in transit, security technology, security consulting, residential security
Revenue	€ 4,291 million (2017)
Net income	€ 220 million (2017)
Number of employees	More than 170,000 (2017)
Website	www.prosegur.com

Prosegur armoured van

Prosegur armoured van (profile)

Mercedes truck based Prosegur van

History

Prosegur was founded in 1976 by Herberto Gut. It began as a private security company, with a particular focus on power plants, industrial facilities and shopping centres.^[1] In 1987, it became the first security company to list on the Madrid Stock Exchange,^[2] and remains the largest company in the private security industry in Spain.^{[citation needed]}

In March 2017, Prosegur demerged its cash business, which listed separately on the Madrid Stock Exchange, Prosegur Cash remains majority owned by Prosegur.^{[citation needed]}

Global presence

Prosegur operates in 31 countries across four continents. Prosegur's entry into new markets, and subsequent expansion has often been through acquisition.^[3] Its operations grew initially through Spain, Portugal and Latin America, but have since expanded to other parts of Europe and Asia. Prosegur holds a market leading position in many of the countries in which it operates, including Spain, Brazil and Germany.^{[citation needed]}

In December 2013, Prosegur entered the Australian market with the acquisition of the second largest cash in transit business in the country, the Australian division of Chubb Security for A$145 million (€95 million).^[4] In July 2022, Prosegur and Armaguard agreed terms to merge their Australian operations.^[5] The merger was approved by regulators in June 2023.^[6]

Social responsibility

Prosegur actively promotes socially responsible practices. Examples include:

• It has been awarded the "Top Employer" award in Spain and Brazil by the Top Employers Institute in 2013^[7][8]
• It is a signatory of the UN Global Compact^[9]
• It has established the Prosegur Foundation, with a focus on education and social and employment integration for disabled people and corporate volunteer work^[10]
• It is a member of the FTSE4Good IBEX index^[11]