In 2018, Brink's re-entered the business through a trademark licensing deal, re-creating the Brinks Home Security brand. Broadview was acquired and merged into The ADT Corporation in 2010. The company rebranded as Broadview in 2009 with a massive advertising campaign. Brink's Home Security īrink's had a business line in home security named Brink's Home Security which accounted for 15% of Brink's revenue in 2008 it decided that year to spin the business off into a separate publicly traded company in order to focus on its other businesses. Linfox Armaguard made an offer to purchase Brink's Australia's CIT operations, and Brink's is continuing their precious goods logistics business within Australia. In May 2014, Brink's US decided to cease their cash-in-transit operations throughout Australia. In 2012, Brink's agreed to sell its cash-in-transit operations in Germany and Poland, and event security operations in France, and the company completed the divestiture of its guarding operations in Morocco, in December 2012. However in 2021 returned to Belgium and took over G4S's Cash Solutions division. Brink's deconsolidated the Belgium subsidiary in 2010. In November 2010, Brink's former cash-in-transit (CIT) operations in Belgium filed for bankruptcy, after local union employees rejected a restructuring plan, and was placed in bankruptcy on February 2, 2011. BAX Global used to be known as Burlington Air Express.
$1.1 billion to Deutsche Bahn on January 31, 2006. Redetrel's strong distribution network supplements Brink's existing payments business, ePago, which has operations in Brazil, Mexico, Colombia and Panama.īrink's sold one of its core operations, BAX Global, a shipping company for U.S. Redetrel distributes electronic prepaid products, including mobile phone airtime, via a network of approximately 20,000 retail locations across Brazil. ("Redetrel") for approximately $26 million. On January 31, 2013, Brink's acquired Brazil-based Rede Transacoes Eletronicas Ltda.
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This acquisition gave the company proprietary control of software used primarily in cash-in-transit and money processing operations in France. In January 2012, Brink's acquired Kheops, SAS, a provider of logistics software and related services in France, for approximately $17 million. These operations, in declining order of revenues, were the U.S., France, Mexico, Brazil, Venezuela, Canada, Colombia, Argentina and the Netherlands.
The 2013 revenues from these countries totaled $3.0 billion or 79% of consolidated revenues. The majority of Brink's consolidated revenues in 2013 was earned in operations located in nine countries, each contributing in excess of $100 million of revenues. Ī significant portion of Brink's business is conducted internationally, with 82% of $3.9 billion in revenues earned outside the United States in 2013. The home security unit was also spun off. Pittston sold off its coal assets in the 2000s and renamed the company Brink's. Brink's Home Security was started in 1983. Burlington Air Express was acquired in 1982. In 1962, Brink's was acquired by Pittston, a coal company. Founded in 1859 by Perry Brink of Chicago, Illinois, Brink's business evolved from local armored transportation services to providing corporate financial logistics and international secure transportation. Brink's is a provider of security services to banks, retailers, governments, mints and jewelers. 4.6 2013 Brussels Airport diamond heistīrink's is popularly known for its bullet-resistant armored trucks which carry money and valuable goods (the service once used to transport the Hope Diamond from an auction to the buyer's home).
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