Garda Acquires Aeroguard

20 Dec 2011

Garda Security Group has announced the acquisition of all the operations of Aeroguard, a pre-board screening services provider. Aeroguard was selected last August by the Canadian Air Transport Security Authority (CATSA) to provide screening services for the Prairies Region, including its three largest airports: Calgary International Airport, Winnipeg James Armstrong Richardson International Airport and Edmonton International Airport.

The five-year agreement awarded to Aeroguard for the Prairies Region, effective from 1 November  2011 is valued in excess of $421 million in revenues with an option to extend for up to an additional five years, bringing the contract to 2022 with a potential value of $842 million in revenues. More than 1,200 security screening officers will be employed under this contract. Combined with CATSA’s previously announced award of the Central Region contract, valued at $650 million in revenues to Garda, on 8 August 2011, the company will now be responsible for pre-board screening services in both the Central and Prairies regions, totalling $1.07 billion in revenues over five years, with the possibility of a five-year extension, and the employment of 3,300 professionals.

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