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Prosegur
   Prosegur Compañía de Seguridad, S.A ("Prosegur") is a multinational security company, headquartered in Madrid, Spain. HistoryProsegur was founded in 1976 by Herberto Gut. It began as a private security company, with a particular focus on power plants, industrial facilities and shopping centres.[1] In 1987, it became the first security company to list on the Madrid Stock Exchange,[2] and remains the largest company in the private security industry in Spain.[citation needed] In March 2017, Prosegur demerged its cash business, which listed separately on the Madrid Stock Exchange, Prosegur Cash remains majority owned by Prosegur.[citation needed] Global presenceProsegur operates in 31 countries across four continents. Prosegur's entry into new markets, and subsequent expansion has often been through acquisition.[3] Its operations grew initially through Spain, Portugal and Latin America, but have since expanded to other parts of Europe and Asia. Prosegur holds a market leading position in many of the countries in which it operates, including Spain, Brazil and Germany.[citation needed] In December 2013, Prosegur entered the Australian market with the acquisition of the second largest cash in transit business in the country, the Australian division of Chubb Security for A$145 million (€95 million).[4] In July 2022, Prosegur and Armaguard agreed terms to merge their Australian operations.[5] The merger was approved by regulators in June 2023.[6] Social responsibilityProsegur actively promotes socially responsible practices. Examples include:
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