International security group G4S has acquired Secura Monde International and Shiremoor International Engineering, specialist banknote and high-security advisory companies.

International security group G4S has acquired Secura Monde International and Shiremoor International Engineering, specialist banknote and high-security advisory companies.

The size of the transaction has not been disclosed. However, the company said that Secura Monde and Shiremoor were bought from a number of individual shareholders, including the management, and have gross assets of £400,000 and £1.3 million respectively.

The deal increases G4S’s capability in providing cash cycle management expertise and complete cash management consulting services to financial institutions and other customers. Berkshire-based Secura Monde was founded in 1994 and has worked with many multinational companies to implement anti-counterfeiting strategies for their global brands.

Shiremoor was established in Newcastle upon Tyne in 2000 and has worked with commercial and state-owned banknote printers throughout the world to provide press repairs, refurbishment and technical support.

Earlier this month, G4S sold its cash-rich manned security business in France, G4S France, including its operating subsidiaries. The company and its operating subsidiaries have reported gross assets of £28 million.

The sale of G4S France to Neo Securite marks the end of G4S’s divestment strategy in Germany and France announced in March 2008. The strategy has generated cash proceeds of some £43 million.