Register
 (photo: )
29.03.2016, 14:45

G4S to Sell UK Children's Services Business

Company News

G4S plc, the world’s leading integrated security company, today confirmed that as part of its on-going review of its portfolio of businesses, it has commenced a process to sell its UK Children’s Services business,

G4S plc, the world’s leading integrated security company, today confirmed that as part of its on-going review of its portfolio of businesses, it has commenced a process to sell its UK Children’s Services business, comprising 13 children’s homes and its contracts to manage two Secure Training Centres (which are responsible for detaining and training young people aged from 12 to 17 who meet the criteria for a custodial sentence, or who are remanded to custody) at Medway and Oakhill.

The wellbeing and education of the children in our care will remain our priority until such time as an orderly transition to a new operator has been completed.

G4S UK Children’s Services had revenues of approximately £40 million in the year to December 2015.

The transfer or sale of certain businesses is subject to customary consents and approvals.

 

 

 

Article rating:

vote data

Artist's rendering of UBS Arena. (photo: Populous)
News Editor  - 04.11.2021

UBS Arena to Offer "New York" Flavors

UBS Arena, the metropolitan New York area's most anticipated live entertainment venue and future home of the New York Islanders Hockey Club, will feature distinctive menu choices when it opens...

 (photo: )
News Editor  - 03.11.2021

HRH The Prince of Wales Terra Carta Seal

Johnson Controls has been named as an inaugural recipient of the Terra Carta Seal from HRH The Prince of Wales in recognition of its commitment to creating a sustainable future.

Photograph: Matthew Maaskant. (photo: Matthew Maaskant)
Reportbuyer Reportbuyer  - 03.01.2016

UK Facilities Management Outsourcing Market

AMA Research have published the 4th edition of the 'Facilities Management Outsourcing - Corporate Sector Report – UK 2015-2019 Analysis'.

 (photo: PPG Aerospace)
OCS Group  - 20.12.2016

PPG Aerospace Contract Win

OCS has been awarded a three-year contract by PPG Aerospace. The contract, which started in October, sees OCS providing security, cleaning and catering at PPG Aerospace’s Shildon site in County...