Falck (emergency services company)

The company was founded in 1906 by Sophus Falck after he witnessed and volunteered at a fire at the Christiansborg Palace in Copenhagen, Denmark, in 1884. The lack of organization made a big impression on him, and motivated the creation of Falck later on in 1906. His mission was to help others in emergency situations. Today, Falck operates in 30 countries and on 6 continents.

By 1956 the firm was a nationwide operator with 100 rescue stations in Denmark, and the company expanded seven years later by acquiring the shares of the Zonen rescue service, their main Danish road assistance competitor.

In 1988 The Falck family sold the firm to Baltica, a Danish-based insurer. The company purchased the security service division ISS Securitas from ISS in 1993, the first in a series of mergers, which later included both Group 4 Securicor and Wackenhut.

The company later merged its activities in the security field with Securicor Plc. That new company was named Group4Securicor. In connection with the merger, Falck was separated from Group 4 Falck and listed independently on the Copenhagen Stock Exchange. Danish media described the separation as "Falck returns to its roots". In February 2005 Falck was delisted from the Copenhagen Stock Exchange because Nordic Capital had bought the shares of Falck. Falck has now re-entered the security field. In 2011, Nordic Capital sold its shares, making the principal shareholders The Lundbeck Foundation and KIRKBI.[2]

Falck funds its acquisitions and capital expenditures out of its own operating cash flows. The majority of the company is owned by two Nordic-based nonprofit foundations: Lundbeck, a global pharmaceutical company, and the KIRKBI Group, a 75% holder of The Lego Group

Falck rescue truck

Falck Ambulance in Colombo Sri Lanka

Falck De Havilland Dove light airliner wearing their titles and symbol in 1965

Falck A/S provides health, safety, roadside assistance and other services to corporate customers and private households in Denmark, Norway, Sweden, Poland and Estonia. Its international operation also includes activities in countries like Belgium, Brazil, Finland, Lithuania, Malaysia, the Netherlands, Poland, Slovakia, Spain, Russia, Sri Lanka, Trinidad & Tobago, the United Kingdom, the United States and Uruguay.

Falck Safety Services—formerly called Training—is a provider of rescue and safety courses, especially for staff in the offshore sector and the maritime sector, and also the chemical industry, fire services, the aviation industry and military defence units.

In addition, Falck is the largest private ambulance company in Europe. The firm provides ambulance services to the general public in seven countries in close collaboration with the authorities. Falck also provides other services for the public sector such as patient transport, rehabilitation of patients from the public hospital sector, operation of assistive equipment centres and a number of services for the police and the road authorities.

For the year 2018 and forward, Falck management decided to refocus its business model. In December 2017, the Board of Directors decided to initiate a process to sell the Falck Safety Services division. The Board's decision was intended to streamline the Group by focusing on key business units. It is the Management's assessment that the divestment will be completed before year-end 2018.[3]

In Denmark, Falck is currently in charge of 65 percent of municipality fire brigades and 85 percent of ambulance services.[4] In 1926, the Danish government allowed municipal governments to contract with private companies to provide emergency services.

Falck USA is a wholly owned subsidiary, that provides 24-hour ambulance transport and 9-1-1 response services. It provides basic life support and Advanced life support services in the United States. The firm entered the US market in 2008 by acquiring Alford Safety Services Inc. At that time, Alford had six training centers in Louisiana and Texas. Now, Falck Alford is one of the largest providers of offshore and safety training to operators in the Gulf of Mexico.

In 2010, Falck began offering ambulance service in the US with the acquisitions of private ambulance operations LifeStar Response, American Ambulance and Care Ambulance Service. Having since acquired more US-based ambulance companies, thefirm now operates more than 1000 ambulances and is one of the largest private providers of emergency medical services in the United States.[5][6][7][8]

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