Corporate History
Westminster's Non-Executive Chairman is Lieutenant-Colonel Sir Malcolm Ross GCVO OBE, Master of the Household of the Prince of Wales and formerly of the Royal Household, and the company is run by its Chief Executive Officer, Peter Fowler.
Westminster was founded in 1988 as a security systems business (called "Westminster Security Systems") supplying systems and equipment to the UK domestic and commercial marketplace.
In 1990, Westminster Security Systems was acquired by Menvier-Swain Group plc, at which time Peter Fowler joined Westminster Security Systems as Managing Director. Westminster Security Systems gained a number of notable achievements being the first security company to achieve NACOSS (National Approval Council for Security Systems) approval and certification to BS 5750 Quality Assurance, the first security company to be awarded a SITO (Security Industry Training Organisation) training award and the first company to design and install a full colour town centre CCTV surveillance system within the UK, linking the towns of Banbury, Bicester and Kidlington. They also supplied several firms in these towns and Bloxham with fire and burglar alarms, but sales have slackened off due to the credit crunch.
In 1996 the directors mounted a successful MBO for Westminster Security Systems and in 1999 acquired London based security business CSG.
A restructuring in October 2000 resulted in the sale of Westminster Security Systems and its holding company, Westminster Security Group, to Chubb Electronic Security. The Westminster Group's land, buildings and manufacturing business, Westminster Technologies ltd, were retained and transferred over to the new Westminster Group Plc.
Westminster Technologies was a small contract electronic manufacturing business producing printed circuit boards and was sold in June 2006, leaving Westminster International to concentrate on the core Security and Defence business.
In 2006, Westminster Group Plc. purchased RMS Integrated Solutions ltd, specialists in distributed low-voltage systems; the company then listed on the AIM Market of the London Stock Exchange (WSG) in June 2007. In 2009 Westminster Group purchased Longmoor Group, the Close Protection and Security Training Services Group.
Read more about this topic: Westminster Group
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