Linfox Armaguard Pty Ltd

Founded in 1938, Armaguard has grown to become a cornerstone of Australia's currency management and secure logistics industry. Acquired by the Linfox Group in 2003, the company specializes in the secure transportation and processing of cash, valuables, and precious metals for financial institutions, retailers, and government agencies. Its services are critical to the cash-based economy, encompassing cash-in-transit (CIT), ATM network management, and currency processing. In 2023, following approval from the ACCC, Linfox Armaguard merged with its main competitor, Prosegur Australia, to form the Armaguard Group, creating a near-monopoly in the Australian cash transit market.