M&A Activity • Sep 29, 2011
M&A Activity
Open in ViewerOpens in native device viewer
September 29, 2011
Page 1 of 1
Securitas has acquired the security services company Sistem FTO in Serbia. Enterprise value is estimated to MSEK 60 (MRSD 654).
Sistem FTO has annual sales of approximately MSEK 126 (MRSD 1,380) and approximately 3,200 employees. The company is mainly operating in guarding and alarm monitoring.
With this acquisition Securitas will become the market leader in security services in Serbia, and also the largest employer in the security industry in Serbia with approximately 6,500 employees.
The acquisition is consolidated in Securitas AB as of September 29, 2011.
This press release is also available at: www.securitas.com
.
Gisela Lindstrand, Senior Vice President Corporate Communications and Public Affairs, Securitas AB, phone +46 10 470 3011, mobile +46 70 287 8662, or email [email protected]
Securitas AB (publ.) P.O. Box 12307 S-102 28 Stockholm Sweden
Visiting address / Besöksadress Lindhagensplan 70 Telephone / Telefon +46 (0) 10 470 30 00 Facsimile / Telefax +46 (0) 10 470 31 22 www.securitas.com
Corp. ID no / Org.nr 556302–7241
Securitas is a knowledge leader in security, focusing on providing security solutions to fit each customer's needs in 49 countries in North America, Europe, Latin America, Middle East, Asia and Africa. Everywhere from small stores to airports, our 295,000 employees are making a difference.
Securitas AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 15.30 (CET) on September 29, 2011.
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.