Centerra Group acquires The Development Initiative

Centerra Group said today it has acquired The Development Initiative, which provides commercial and humanitarian landmine clearance, unexploded ordnance disposal, training and remote logistics solutions.

Centerra said TDI would become a subsidiary and continue to operate semi-autonomously out of its headquarters in Zimbabwe. Terms of the deal were not disclosed.

Centerra Group was created in late 2014 after security contractor G4S Government Solutions was bought by a private-equity firm and renamed.