Surbana Jurong snaps up AETOS from Temasek

It will now have a workforce of almost 13,000 employees.

Expanding its service offerings to include safety and security capabilities, Singapore-based urban development group Surbana Jurong acquired Aetos Holdings, one of the three licensed police organisations in the city state, from investment firm Temasek Holdings.

In a statement to the media, the group said this would beef up its global workforce to 13,000 employees in over 95 offices across 40 countries. It will also boost its turnover of around $1.3 billion.

For Surbana Jurong CEO Wong Heang Fine, safety and security services have become an integral aspect in urban planning and infrastructure development.

"AETOS’ total security solutions will enable Surbana Jurong to provide holistic solutions for our clients as city governments, building and asset owners increasingly see the need to overlay their physical development plans with safety and security considerations," Wong said.

With the acquisition, Wong stated that their master plans and building designs for districts, cities and municipalities will now be able to include a security dimension.

"More importantly we will be able to integrate security and safety management as a total package in our facilities management services for the real estate sector, conducting audit and risk assessments of building designs and proposing security solutions that can be plugged into our ‘SMART City in a Box’ platform," Wong noted.

These security solutions include surveillance and monitoring systems, access control systems, and screening systems.

More so, the Surbana Jurong head said they will also be able to utilise AETOS' start of the art unmanned aerial vehicles (UAV) to enhance the group's land survey capabilities.