Ellex Klavins, working alongside Allen & Overy, has advised the Brink's Company on its USD 860 million acquisition of G4S plc, a UK-based global security and cash management company. G4S was reportedly advised by Eversheds Sutherland.
The acquisition includes cash management operations in the Netherlands, Malaysia, Romania, Belgium, Ireland, Kuwait, the Czech Republic, the Philippines, the Dominican Republic, Cyprus, Indonesia, Lithuania, Estonia, and Latvia.
According to Ellex Klavins, "the Brink’s Company specializes in total cash management, secure route-based logistics and payment solutions including cash-in-transit, ATM services, cash management services and international transportation of valuables."
Ellex's team consisted of Senior Partner Raimonds Slaidins and Senior Associate Reinis Sokolovs.