ArmorGroup International to be Making North American Acquisitions?

Bloomberg's Sabine Pirone interviews David Seaton, CEO of ArmorGroup International (ARG/LN or AMGPF/OTC). Among the interesting bits:

ArmorGroup is always looking at acquisitions, especially in North America as a significant proportion of sales comes from U.S. government-funded work or U.S. companies, according to Seaton. "You might see things in the States,'' he said. "Our position in the U.S. is pretty strong but could be stronger.''

That jives with the view, previously stated on Controlled Greed.com when ArmorGroup was first recommended, that the British private security industry was ripe for consolidation. And that this consolidation could include American firms buying British ones or even the reverse.