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Brinks
Brinks

-5.8%

Transportation / Secure transportation and cash management

At a Glance | Core Facts | Company Due Diligence | Industry Due Diligence | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | Web
Overview
Brink’s is a global leader in secure logistics and security solutions, serving customers in more than 100 countries across six continents. The company was founded in 1859 and has a long history of providing secure transportation and storage of valuable assets, such as cash, precious metals, and jewelry. Over the years, Brink’s has expanded its services to include ATM replenishment, cash processing, and other security solutions for businesses and financial institutions.
Today, Brink’s has a workforce of approximately 62,900 employees and operates in a variety of industries, including financial services, retail, mining, and pharmaceuticals. The company’s services help protect its customers’ assets and ensure the safe and efficient movement of goods and funds. Brink’s also has a commitment to sustainability and integrates environmental, social, and governance practices into its business operations.
In addition to its core services, Brink’s has also launched new initiatives such as Brink’s Money, a mobile app that enables users to make financial transactions and manage their money. The company continues to innovate and adapt to the changing needs of its customers, with a focus on providing secure and convenient solutions in an increasingly digital world.
Overall, Brink’s has established itself as a trusted and reliable partner for businesses and individuals looking for secure logistics and security solutions. With a strong global presence and a commitment to innovation and sustainability, the company is well-positioned for continued growth and success in the future.
What is special about the company?
- Brink’s is a global leader in security and cash management services, operating in over 100 countries and employing over 59,000 people.
- The company has over 160 years of experience and expertise in providing secure transportation, cash processing, ATM services, and other security solutions for businesses, governments, and financial institutions.
- Brink’s has a highly trained and skilled workforce, utilizing advanced technology and equipment to ensure the safety and security of their clients’ assets.
- The company has a reputation for reliability, trust, and integrity, earning the trust of governments, banks, and businesses around the world.
- Brink’s also has a history of innovation, continuously developing new security solutions to meet the changing needs of their clients and the evolving security landscape.
- The company has a strong commitment to corporate social responsibility, including initiatives to promote sustainability, diversity and inclusion, and community involvement.
What the company's business model?
The Brink’s company is a global leader in providing secure logistics and security solutions for businesses, governments, financial institutions, and individuals. Their business model focuses on offering a wide range of products and services related to cash management, security, and logistics, including:
1. Armored transportation: Brink’s is a pioneer in armored transportation, providing secure transportation of cash and valuables for banks, retailers, government agencies, and other businesses.
2. Cash management: They offer cash processing and management solutions that help businesses and financial institutions to efficiently handle, store and distribute cash.
3. ATM services: Brink’s provides ATM replenishment services and maintenance to ensure 24/7 availability of cash for various financial institutions and retailers.
4. Secure logistics: They have a vast network of secure storage facilities and offer logistics services for various high-value goods, including precious metals, jewelry, pharmaceuticals, and art.
5. Security services: Brink’s offers a range of security solutions, including armed and unarmed security guards, risk assessment, and consulting services.
6. Digital currency storage and logistics: In response to the growing popularity of digital currencies, the company also provides secure storage and logistics services for cryptocurrencies.
7. Intelligent cash management: Brink’s uses advanced technologies such as cash handling automation, intelligent safes, and remote cash management to help businesses optimize their cash operations.
Overall, Brink’s business model revolves around providing secure and efficient solutions for managing and transporting cash and high-value goods, using advanced technologies and a global network of secure facilities and trained personnel.
Interesting facts about the company
1. The Brink’s Company was founded in 1859 by Perry Brink, who started a delivery service using a horse-drawn carriage.
2. The company began by transporting travelers and goods between Chicago and Milwaukee, but eventually expanded to provide secure transportation for banks and businesses.
3. In 1891, the company moved its headquarters to Chicago and started using armored trucks to transport money and valuables.
4. In 1904, Brink’s expanded internationally, opening its first office in Canada.
5. During World War II, the company’s services were utilized by the US government to transport and safeguard gold bullion shipments.
6. In 1961, Brink’s introduced the first air courier service, allowing for the transportation of valuable items via airplane.
7. In 1983, Brink’s became a publicly-traded company on the New York Stock Exchange.
8. In 2011, Brink’s acquired rival security company Loomis, creating the world’s leading cash management company.
9. Today, the Brink’s Company has operations in over 100 countries, and provides a range of security services including armored transportation, ATM services, cash management, and security systems for businesses.
10. The company has a long history of technological innovation, developing the first armored car with bullet-resistant glass in the 1920s, and introducing GPS tracking for vehicles in the 1990s.
11. Brink’s is also involved in philanthropic efforts, partnering with organizations like the American Red Cross and local charities to support communities where the company operates.
12. The company’s iconic logo, featuring a key and a lion, was first introduced in the late 1800s and is still used today.
13. Brink’s has been featured in popular culture, appearing in movies such as Ocean’s Eleven and TV shows like Breaking Bad.
14. The company’s operations have not been without controversy, with several high-profile heists and robberies occurring over the years, often eliciting widespread media coverage.
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