AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Securitas

M&A Activity Jul 3, 2007

2968_rns_2007-07-03_cf8e4dda-678e-4b78-b33b-463049770084.pdf

M&A Activity

Open in Viewer

Opens in native device viewer

Press Release from Securitas AB

July 3, 2007

Loomis acquires G4S' Cash Handling operation in France

In line with the strategy to become the leading company in the local markets where Loomis has a presence, Loomis AB has acquired G4S plc's cash handling operation in France. Through the acquisition, Loomis, which is Securitas' cash handling services division, will become the market leader in France. Enterprise value is estimated to approximately 230 MSEK (MEUR 24.4).

G4S' cash handling operation in France, with 720 employees, is present in the northern part of the country and in the Paris area. The operation has annual sales of approximately 430 MSEK (MEUR 46). The customers are mostly banks, but they also have a high market share within retail.

The acquisition will be integrated in Securitas as of July 2, 2007.

This press release is also available at: www.securitas.com

Information:

Gisela Lindstrand, Senior Vice President Corporate Communications and Public Affairs, Securitas AB, phone +46 70 287 8662 Thomas Backteman, Communications Manager, Loomis AB, phone +46 70 971 1266

Securitas AB

P.O. Box 12307 S-102 28 Stockholm Sweden Tel +46 8 657 74 00 Fax +46 8 657 70 72 Visiting address Lindhagensplan 70

Talk to a Data Expert

Have a question? We'll get back to you promptly.