16/12/11
By Karen Moss
Security personnel and solutions provider, The Cardinal Group, has finalised a takeover of loss prevention specialists, ORIS. The acquisition took place on 15 December.
Jason Trigg, CEO of The Cardinal Group, says: “We are delighted to have completed the acquisition of ORIS. The company has a fantastic reputation in the industry and a great portfolio of products, services and clients. The transaction is a highly strategic move for us that will open up a world of possibilities for existing and future clients."
Kerinda Ibbotson, managing director of ORIS, adds: “We are very excited to become part of Cardinal. The company has a great reputation in the marketplace and a portfolio of products which add real value to retailers looking to reduce total loss in their businesses. Existing ORIS employees are being retained and Cardinal’s product and people offer is strengthened as a result of combining the two businesses’ personnel, technology and methodologies."