Armaguard
{{Short description|Australian currency supply chain and technology company}}
{{Infobox company
|name = Armaguard
|former_name = Mayne Nickless Armoured Car Division
|logo =
|industry = Logistics
|founded = September 1938
|founder = Mayne Nickless
|defunct =
|location_city = Essendon Fields, Melbourne
|location_country = Australia
|key_people = Matt Caulfield (CEO)
|products =
|services = Automated teller machine management
Cash movement
|revenue =
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|parent = Linfox
|subsid =
|website = [https://www.armaguard.com.au/ www.armaguard.com.au]}}
Armaguard is an Australian cash handling company. Founded in 1938 by Mayne Nickless, it is a subsidiary of Linfox.
History
File:Armoured vans of Armaguard in Australia 04.JPG 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.[https://web.archive.org/web/20230309045049/https://www.armaguard.com.au/cdn/aq982cb6nrc4sw04 Timeline] Armaguard In October 1987 the armoured car division of TNT was purchased.[https://web.archive.org/web/20230411061943/https://www.afr.com/politics/mayne-nickless-purchases-tnt-armoured-car-division-19871008-k2g9h Mayne Nickless purchases TNT armoured car division] Australian Financial Review 8 October 1987
In 2003 Armaguard was purchased by Linfox.Are You Passing Another Mayne Truck & Bus Transportation November 2002 page 8 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.[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
In 2019 the rediATM business was purchased, operations commenced in Thailand and the United Arab Emirates joint venture was dissolved. In July 2022, Armaguard agreed terms with Prosegur to merge their Australian operations.[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[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 In June 2023 the merger was approved by the Australian Competition & Consumer Commission.[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
References
{{Reflist}}
External links
{{commons category-inline|Armoured vans of Armaguard}}
{{Banking in Australia}}
Category:Companies based in Melbourne
Category:Logistics companies of Australia