![TOPSGRUP buys The Shield Guarding Company Limited TOPSGRUP buys The Shield Guarding Company Limited](https://varindia.com/public/index.php/storage/news/uploads/2012/07/Diwan_Rahul_Nanda.jpg)
TOPSGRUP has completed the 100 percent acquisition of The Shield Guarding Company Limited. This acquisition has positioned the company’s Global Chairman, Dr. Diwan Rahul Nanda, as the only entrepreneur of an Indian Multi-National Company (MNC) to purchase a 100 percent stake in a British security company.
Dr. Nanda will assume his position as Executive Chairman of The Shield Guarding Company Limited with the existing management team remaining in place. Stuart Kedward, who has been with The Shield Guarding Company Limited for fifteen years, will assume the role of Managing Director.
Dr. Nanda said, “We welcome the completion of this acquisition. We have been majority shareholders for four years now; this acquisition ably demonstrates TOPSGRUP’s resounding faith in the Company, our customers, our stakeholders and our employees. We stand committed to the British security industry and delivering world class security solutions. The Shield Guarding Company Limited has consistently demonstrated its market leader status both in terms of unrivalled quality and service and that is something that we are very proud of. Together with the continued efforts and enormous hard work of my incredible teams at both TOPSGRUP and The Shield Guarding Company Limited, we will ensure that we go from strength to strength and will create a truly global security service to better others.”
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