History
Falck A/S was founded in 1906 by Sophus Falck. By the year 1956 Falck was a nation-wide operator with 100 rescue stations in Denmark, and the company expanded further seven years later by acquiring the shares of the Zonen rescue service, their main Danish road assistance competitor.
In 1988 The Falck family sold Falck to Baltica, a Danish-based insurer. Falck purchased the security service division ISS Securitas from ISS in 1993, the first in a series of mergers, which later included both Group 4 Securicor and Wackenhut.
The company later mergered its activities in the security field with Securicor Plc. That new company was named Group4Securicor. In connection with the merger, Falck was separated from Group 4 Falck and listed independently on the Copenhagen Stock Exchange. Danish media described the separation as “Falck returns to its roots”. In February 2005 Falck was delisted from the Copenhagen Stock Exchange because Nordic Capital had bought the shares of Falck. Falck has now re-entered the security field. In 2011, Nordic Capital sold its shares, making the principle shareholders The Lundbeck Foundation and KIRKBI.
Read more about this topic: Falck (Denmark)
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