In February 2003 Armaguard was purchased by Linfox.[3][4] In 2009 the New Zealand assets of Chubb were acquired. In 2011 in a joint venture with Etihad Airways, Armaguard Valuables Management is established in the United Arab Emirates. In 2015 Brink's Australian cash in transit business is purchased.[1][5]
In 2019 the rediATM business was purchased, operations commenced in Thailand and the United Arab Emirates joint venture was dissolved.[1] In July 2022, Armaguard agreed terms with Prosegur to merge their Australian operations.[6][7] In June 2023 the merger was approved by the Australian Competition & Consumer Commission.[8]