The Service of the Commission for the Protection of Competition has received a notification of a concentration concerning the proposed acquisition of the share capital of Arca Holdings LLC by Garda World Security Corporation.
Garda World Security Corporation is a company duly registered in accordance with the laws of Canada and provides comprehensive physical security, cash management and risk management services. It operates internationally, by providing services to businesses in two main operational areas, security solutions and cash management services.
Arca Holdings, LLC is a company duly registered in accordance with the laws of United States of America and operates in the field of cash registers and related support services to financial institutions, which allow the automation of deposits and cash withdrawals within bank branches. Arca designs, manufactures and develops high quality TCRs and provides continuous support through spare parts and maintenance services.