El Corte Inglés expands the structure of its security company Sicor with new companies

The department stores constitute two new companies whose sole administrator is Juan Moral de la Rosa.

In mid-July The English Court took a giant step into the world of security by buying for 28 million Mega 2, a company dedicated to security and general services. Since then, department stores have reorganized the structure around this company, especially one of its two subsidiaries, Mega2 Servicios Integrales, to which it changed its corporate name to Sicor Servicios Integrales.

Specifically, department stores have now created two new companies. One of them is Sicor Integra El Corte Inglés SL, whose corporate purpose is the provision of social services contemplated in Royal Legislative Decree 1/2013, of November 29, which approves the Consolidated Text of the General Law on the rights of people with disabilities and their social inclusion , having as its main objective, as a Special Center.

It has also constituted Sicor Interservicios ETT which will take care of making available to other companies, -user companies-, on a temporary basis, the workers hired by it, as well as acting as a placement agency when it meets the requirements established in Law 56/2003, of December 16 of Employment, as recorded in today’s edition of the Official Gazette of the Mercantile Registry (Borme).

Both companies are constituted with a capital of 3,000 euros and the declaration of sole proprietorship being its sole partner Parinver Servicios, a holding company of El Corte Inglés. The sole administrator is Juan Moral de la Rosa, former prosecutor of the National Court and director of the Legal Department of El Corte Inglés.

Mega 2 purchase

Recently, El Corte Inglés reached an agreement with MásMóvil for the development of new business initiatives. Among these, through the security company Sicor, both companies jointly enter the home alarm market in Spain with the launch of the most innovative service on the market, affordable for everyone, with prices forever and with the better technology.

With the acquisition of Mega2, The El Corte Inglés group seeks to become strong in the security and general services sector, but also to reduce its operating costs. Mega 2 is the company that provides surveillance and access control services for El Corte Inglés.

In addition, the decision to purchase Mega 2 Seguridad will allow El Corte Inglés to compete directly with other companies in the sector such as Eulen, Securitas or Prosegur.

It should be remembered that Mega2 was divided into two companies: Mega2 Seguridad and Mega2 Servicios Integrales. Both invoiced 71.6 million euros last year, 80% to El Corte Inglés and the rest to clients such as Aena, Renfe or Atlético de Madrid.