(JNS.org) The London-based G4S security firm on Wednesday announced that it will be selling its business in Israel within the next two years.
G4S included the announcement in its 2015 Full Year Results report, saying that it expects the sale of its Israeli business and others to increase profits and improve the company’s “strategic focus.”
The announcement did not make any mention of G4S being targeted by the anti-Israel Boycott, Divestment and Sanctions (BDS) movement. But last month, 500 pro-BDS advertisements were put up without permission in London’s underground public train system, accusing G4S of “security Israeli apartheid.”
G4S provides security equipment for Israel and holds commercial and government contracts there, including for Israel’s prison system. The company, which has 8,000 employees in Israel, had already partially divested from from the Jewish state in 2013 following BDS pressure.
G4S spokesman Nigel Fairbrass said Thursday that the company’s decision was made “entirely” for commercial reasons, the Associated Press reported.