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{{Short description|Australian currency supply chain and technology company}}
{{Infobox company
{{Infobox company
|name = Armaguard
|name = Armaguard
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|location_city = [[Essendon Fields]], [[Melbourne]]
|location_city = [[Essendon Fields]], [[Melbourne]]
|location_country = Australia
|location_country = Australia
|key_people = Mick Cronin (CEO)
|key_people = Matt Caulfield (CEO)
|products =
|products =
|services = [[Automated teller machine]] management<br>Cash movement
|services = [[Automated teller machine]] management<br>Cash movement
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In 2003 Armaguard was purchased by [[Linfox]].<ref>Are You Passing Another Mayne ''[[Truck & Bus Transportation]]'' November 2002 page 8</ref> In 2009 the New Zealand assets of [[Chubb Limited|Chubb]] were acquired. In 2011 in a [[joint venture]] with [[Etihad Airways]], Armaguard Valuables Management is established in the United Arab Emirates. In 2015 [[Brink's]] Australian cash in transit business is purchased.<ref name=Timeline/><ref>[https://web.archive.org/web/20211019223240/https://www.accc.gov.au/public-registers/mergers-registers/public-informal-merger-reviews/linfox-armaguard-proposed-acquisition-of-brinks-australias-cash-logistics-business Linfox Armaguard - proposed acquisition of Brinks Australia's cash logistics business] [[Australian Competition & Consumer Commission]] 24 July 2014</ref>
In 2003 Armaguard was purchased by [[Linfox]].<ref>Are You Passing Another Mayne ''[[Truck & Bus Transportation]]'' November 2002 page 8</ref> In 2009 the New Zealand assets of [[Chubb Limited|Chubb]] were acquired. In 2011 in a [[joint venture]] with [[Etihad Airways]], Armaguard Valuables Management is established in the United Arab Emirates. In 2015 [[Brink's]] Australian cash in transit business is purchased.<ref name=Timeline/><ref>[https://web.archive.org/web/20211019223240/https://www.accc.gov.au/public-registers/mergers-registers/public-informal-merger-reviews/linfox-armaguard-proposed-acquisition-of-brinks-australias-cash-logistics-business Linfox Armaguard - proposed acquisition of Brinks Australia's cash logistics business] [[Australian Competition & Consumer Commission]] 24 July 2014</ref>


In 2019 the [[rediATM]] business was purchased, operations commenced in Thailand and the United Arab Emirates joint venture was dissolved.<ref name=Timeline/> In July 2022, Armaguard agreed terms with [[Prosegur]] to merge their Australian operations. The deal is subject to being granted [[Australian Competition & Consumer Commission]] approval.<ref>[https://www.afr.com/companies/financial-services/death-of-cash-forces-armaguard-prosegur-to-merge-20220729-p5b5kj Death of cash forces Armaguard, Prosegur to merge] ''Australian Financial Review'' 29 July 2022</ref><ref>[https://web.archive.org/web/20221221014932/https://www.accc.gov.au/media-release/accc-seeks-further-views-on-armaguard-and-prosegur-merger ACCC seeks further views on Armaguard and Prosegur merger] Australian Competition & Consumer Commission 21 December 2022</ref>
In 2019 the [[rediATM]] business was purchased, operations commenced in Thailand and the United Arab Emirates joint venture was dissolved.<ref name=Timeline/> In July 2022, Armaguard agreed terms with [[Prosegur]] to merge their Australian operations.<ref>[https://www.afr.com/companies/financial-services/death-of-cash-forces-armaguard-prosegur-to-merge-20220729-p5b5kj Death of cash forces Armaguard, Prosegur to merge] ''Australian Financial Review'' 29 July 2022</ref><ref>[https://web.archive.org/web/20221221014932/https://www.accc.gov.au/media-release/accc-seeks-further-views-on-armaguard-and-prosegur-merger ACCC seeks further views on Armaguard and Prosegur merger] [[Australian Competition & Consumer Commission]] 21 December 2022</ref> In June 2023 the merger was approved by the [[Australian Competition & Consumer Commission]].<ref>[https://web.archive.org/web/20231003100605/https://www.accc.gov.au/media-release/accc-authorises-armaguard-and-prosegurs-merger-subject-to-undertaking ACCC authorises Armaguard and Prosegur's merger, subject to undertaking] Australian Competition & Consumer Commission 13 June 2023</ref>


==References==
==References==
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==External links==
==External links==
{{commons category-inline|Armoured vans of Armaguard}}
{{commons category-inline|Armoured vans of Armaguard}}

{{Banking in Australia}}


[[Category:Companies based in Melbourne]]
[[Category:Companies based in Melbourne]]

Latest revision as of 02:14, 15 October 2024

Armaguard
FormerlyMayne Nickless Armoured Car Division
IndustryLogistics
FoundedSeptember 1938
FounderMayne Nickless
Headquarters
Essendon Fields, Melbourne
,
Australia
Key people
Matt Caulfield (CEO)
ServicesAutomated teller machine management
Cash movement
ParentLinfox
Websitewww.armaguard.com.au

Armaguard is an Australian cash handling company. Founded in 1938 by Mayne Nickless, it is a subsidiary of Linfox.

History

[edit]
Armaguard Mercedes-Benz Sprinter armoured van in Brisbane in July 2015

Armaguard was founded in September 1938 as the Mayne Nickless Armoured Car Division when Mayne Nickless established an armoured car division in Melbourne. During the 1940s operations began in Sydney, Brisbane, Adelaide and Geelong, followed in the 1950s by Broken Hill, Wollongong and Morwell, Hobart and Launceston, then in the 1960s, Canberra, Townsville and Perth. In 1973 the Mayne Nickless Armoured Car Division was rebranded as Armaguard.[1] In October 1987 the armoured car division of TNT was purchased.[2]

In 2003 Armaguard was purchased by Linfox.[3] In 2009 the New Zealand assets of Chubb were acquired. In 2011 in a joint venture with Etihad Airways, Armaguard Valuables Management is established in the United Arab Emirates. In 2015 Brink's Australian cash in transit business is purchased.[1][4]

In 2019 the rediATM business was purchased, operations commenced in Thailand and the United Arab Emirates joint venture was dissolved.[1] In July 2022, Armaguard agreed terms with Prosegur to merge their Australian operations.[5][6] In June 2023 the merger was approved by the Australian Competition & Consumer Commission.[7]

References

[edit]
  1. ^ a b c Timeline Armaguard
  2. ^ Mayne Nickless purchases TNT armoured car division Australian Financial Review 8 October 1987
  3. ^ Are You Passing Another Mayne Truck & Bus Transportation November 2002 page 8
  4. ^ Linfox Armaguard - proposed acquisition of Brinks Australia's cash logistics business Australian Competition & Consumer Commission 24 July 2014
  5. ^ Death of cash forces Armaguard, Prosegur to merge Australian Financial Review 29 July 2022
  6. ^ ACCC seeks further views on Armaguard and Prosegur merger Australian Competition & Consumer Commission 21 December 2022
  7. ^ ACCC authorises Armaguard and Prosegur's merger, subject to undertaking Australian Competition & Consumer Commission 13 June 2023
[edit]

Media related to Armoured vans of Armaguard at Wikimedia Commons

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