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Pinkerton acquires German security firm; WKD Security becomes part of Pinkerton's global enterprise strategy.
Business Wire
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January 3, 1997
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COPYRIGHT 1997 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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ENCINO, Calif.--(BUSINESS WIRE)--Jan. 3, 1997--Pinkerton's Inc. (Nyse:PKT) has announced the acquisition of WKD Security GmbH, a German-based provider of uniformed-security-officer and cash-in- transit services.
Terms of the transaction were not disclosed. WKD Security is the first acquisition of 1997 for Pinkerton and marks a major inroad in Europe for the world's most famous security company.
WKD Security had 1995 revenues of DM35 million (US$23 million). The company, established in 1946, has 780 employees and has headquarters in Bisingen, near ...
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