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Securitas — M&A Activity 2012
Apr 30, 2012
2968_rns_2012-04-30_f92e7086-e7b3-444c-87c4-98a3191ff9a6.pdf
M&A Activity
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April 30, 2012
Securitas acquires security services company in Indonesia
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Securitas has acquired the security services company PT Environmental Indokarya in Indonesia. Enterprise value is estimated to MSEK 19 (MIDR 26,400).
PT Environmental Indokarya has annual sales of approximately MSEK 37 (MIDR 51,400) and approximately 1,200 employees. The company is the major security services company in guarding services to Embassies in Indonesia.
The Indonesian security market is estimated to be worth approximately MUSD 1,000 and has grown in average 7 percent per year during the last few years. The market is regulated by the authorities.
The acquisition is consolidated in Securitas as of April 26, 2012.
This press release is also available at: www.securitas.com
Information:
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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 50 countries in North America, Europe, Latin America, Middle East, Asia and Africa. Everywhere from small stores to airports, our 300,000 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 11.00 (CET) on April 30, 2012.