Business or BDS? British giant G4S drops Israel services, citing losses

British security services giant has been targeted by BDS activists because it supplies security equipment and services to Israeli prisons, checkpoints and settlements • Company's stock plummets 16% on London Stock Exchange on Wednesday.

צילום: AP // G4S is the world's largest security company measured by revenues and has operations in some 125 countries

Did G4S (formerly Group 4 Securicor), the multinational British security services company, cave in to pressure from the boycott, divestment, and sanctions movement-

The company on Wednesday announced its intention to sell its services in several fields, including its activities in Israel, due to losses sustained from business deals in Great Britain.

On Wednesday, the company's stocks plummeted by 16% on the London Stock Exchange.

BDS activists have intensified pressure against G4S in recent weeks, demanding that it cease doing business in Israel. The company supplies security equipment and services for use at Israeli prisons, checkpoints and Jewish communities in Judea and Samaria.

However, according to foreign reports, it was not clear whether the company's decision to sell its services in Israel was a result of pressure from the BDS movement or part of broader business-related considerations to balance its losses in other areas.

G4S is the world's largest security company measured by revenues and has operations in some 125 countries. It has over 620,000 employees, and is world's second largest private employer, and the largest on the London Stock Exchange.

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