T&T firm ac­quires Massy Se­cu­rity Guyana

—in move to be­come coun­try’s premier provider

Stabroek News - - Regional News -

Amal­ga­mated Se­cu­rity Ser­vices Lim­ited (ASSL) has bought over Massy Se­cu­rity (Guyana) Inc., gain­ing con­trol of the com­pany’s lo­cal op­er­a­tions, in­clud­ing its four of­fices, which serve in the ar­eas of cash ser­vices, guard­ing and alarm mon­i­tor­ing.

The com­pany, which now boasts a staff strength of 800 as a re­sult of the merger, has op­er­a­tions across the Caribbean, in­clud­ing in Guyana, Bar­ba­dos, Gre­nada, St. Lu­cia, An­tigua and Trinidad and Tobago, the lat­ter be­ing where the com­pany was birthed, a press re­lease from the com­pany stated.

“Massy Se­cu­rity (Guyana) has a long his­tory in Guyana that reaches back to 1993 when Neal and Massy (Guyana) Ltd. (now Massy (Guyana) Ltd.) and Se­curi­cor In­ter­na­tional (now G4S In­ter­na­tional) formed a joint ven­ture com­pany for the pur­pose of pro­vid­ing se­cu­rity ser­vices in Guyana. Like­wise, the ASSL Group of Com­pa­nies has a long his­tory hav­ing started in 1983 in Trinidad and Tobago and to­day boasts of a work force of close to 5,000 pro­fes­sion­als through­out the Caribbean re­gion…The join­ing of Amal­ga­mated Se­cu­rity Ser­vices (Guyana) and Massy Se­cu­rity (Guyana) Inc. will strengthen our se­cu­rity of­fer­ings in Guyana as that mar­ket ex­pands and will ben­e­fit all stake­hold­ers but par­tic­u­larly our ex­ist­ing and fu­ture clients,” ASSL’s Re­gional De­vel­op­ment Di­rec­tor, Brian Ram­sey, said.

The re­lease also noted that Dr. Michael

Aboud, Chair­man of ASSL, said that as a re­sult of the merger, the com­pany is now on its way to be­com­ing the coun­try’s premier se­cu­rity provider.

“When we were made the of­fer to pur­chase Massy Se­cu­rity (Guyana), we knew it was the right move to make for us. We had op­er­a­tions in Guyana al­ready and this ac­qui­si­tion will sup­port our strate­gic ob­jec­tive to be the premier provider of se­cu­rity in any coun­try we op­er­ate in. We are de­lighted that we will be able to keep all em­ploy­ees on board. After merg­ing the two com­pa­nies, more than 800 highly trained pro­fes­sion­als will serve the mar­ket in Guyana with an un­ri­valed level of qual­ity. We are look­ing for­ward to ex­ceed­ing the ex­pec­ta­tions of all our cus­tomers,” Aboud said.

David Af­fonso (sec­ond from left), Chair­man, Massy Dis­tri­bu­tion and Brian Ram­sey, Re­gional De­vel­op­ment Di­rec­tor, Amal­ga­mated Se­cu­rity shake hands after hav­ing signed the share pur­chase agree­ment for Massy Se­cu­rity (Guyana) Inc. Look­ing on are Chan­drakali Ma­haraj (left), Se­nior Le­gal Coun­sel Massy Lim­ited and Melissa In­gle­field, Part­ner M. Hamel-Smith & Com­pany.

Newspapers in English

Newspapers from Guyana

© PressReader. All rights reserved.