Brinks

The Brink’s Company

Type	Public
Traded as	: BCO S&P 600 Component
Industry	Logistics, Security
Founded	1859
Founder	Perry Brink
Headquarters	1801 Bayberry Court Richmond, VA 23226
Number of locations	650 branches and 7,800 vehicles in 150 countries
Key people	Douglas A. Pertz (President & CEO)
Products	Armored transport, Safes
Revenue	US$3.942 billion (FY 2013)
Operating income	US$171.7 million (FY 2013)
Net income	US$56.8 million (FY 2013)
Total assets	US$2.498 billion (FY 2013)
Total equity	US$408 million (FY 2011)
Number of employees	134,000 (Dec 2011)
Website	www.brinks.com

The Brink's Company is an American security and protection company headquartered outside of Richmond, Virginia, United States. Its core business is Brink’s Inc.; it spun off its Brink’s Home Security operations into a separate company (Broadview Security) in 2008. The Brink’s brand and reputation span around the globe. In 2013, its international network serves customers in more than 100 countries and employs approximately 70,000 people. Operations include approximately 1,100 facilities, and 13,300 vehicles. The company emerged from the Pittston Company and changed its name to the Brink’s Company in 2003.

Brink’s is popularly known for its bullet-resistant armored trucks which carry money and valuable goods (once used to transport the Hope Diamond from an auction to the buyer's home). Brink’s is a provider of security services to banks, retailers, governments, mints and jewelers. Founded in 1859 by Perry Brink of Chicago, Illinois, Brink’s business evolved from local armored transportation services to providing corporate financial logistics and international secure transportation.

In 1962, Brink's was acquired by Pittston, a coal company. Burlington Air Express was acquired in 1982. Brink's Home Security was started in 1983. Pittston sold off its coal assets in the 2000s and renamed the company Brink's. The home security unit was also spun off.

A significant portion of Brink's business is conducted internationally, with 82% of $3.9 billion in revenues earned outside the United States in 2013. The majority of Brink’s consolidated revenues in 2013 was earned in operations located in nine countries, each contributing in excess of $100 million of revenues. The 2013 revenues from these countries totaled $3.0 billion or 79% of consolidated revenues. These operations, in declining order of revenues, were the U.S., France, Mexico, Brazil, Venezuela, Canada, Colombia, Argentina and the Netherlands.

In January 2012, Brink's acquired Kheops, SAS, a provider of logistics software and related services in France, for approximately $17 million. This acquisition gave the company proprietary control of software used primarily in cash-in-transit and money processing operations in France.