Wackenhut Services, Inc. Acquires RONCO Consulting Corporation, Inc.
PALM BEACH GARDENS, Fla., April 4, 2008 /PRNewswire/ — Wackenhut Services
Incorporated (WSI) President and CEO Dave Foley today announced WSI’s
acquisition of RONCO Consulting Corporation.
“WSI is pleased to announce that it has acquired one of the world’s premier
humanitarian and commercial mine action, ordnance disposal and security
companies. The purchase of RONCO affords us immediate expansion into the
international market and significantly increases our core capabilities,”
Foley said.
Since 1981, RONCO has completed over 650 mine and unexploded ordnance
clearance, explosive ordnance disposal, security-related, and specialized
training projects requiring varying levels of in-country management and
support.
RONCO currently operates in Afghanistan, Iraq, and Sudan and maintains
training centers in Mozambique and Sri Lanka. Its portfolio of clients
includes the U.S. Department of State, Department of Defense, United
Nations, NATO Maintenance & Supply Agency, World Bank, the Canadian and
British Governments, and numerous commercial clients. Founded in 1974,
RONCO employs over 1,200 people worldwide and is based in Washington, D.C.
“We are very excited about the potential operational synergies of the
WSI/RONCO team,” Foley said. “RONCO’s reputation for service excellence is
without peer. This acquisition provides a diversification of services
offered to an expanding client base that fits the strategic business model
of both companies and our parent company, G4S.”
About WSI
WSI is the United State’s government’s largest contractor for professional
security services, with 8,000+ employees protecting key sites in the U.S.
and abroad. For additional information about WSI and this issue, please
visit http://www.wsihq.com/.
Wackenhut Services, Inc.
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