M&A Activity • Apr 13, 2012
M&A Activity
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April 13, 2012
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In 2011, Chillida had annual sales of approximately MSEK 265 (MEUR 30) and approximately 200 employees. The company has operations in the entire country, with most of the employees located in Valencia and Madrid.
Chilllida is focused in technology security operations like installations, monitoring and maintenance. The customers are mainly in the banking, retail, industry, public administration and residential segments. The company has a stable sales development, in-depth knowledge in technical security solutions and a good reputation. Chillida's operation will be an important complement to Securitas' security services portfolio and customers.
"With the acquisition of Chillida, Securitas will strengthen its position within combined services of guarding and technology systems. Securitas now creates a technology hub that will bring value primarily to our operations in Spain and Portugal", says Securitas President and CEO Alf Göransson.
The acquisition is consolidated in Securitas as of April 1, 2012.
This press release is also available at: www.securitas.com
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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 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 13.30 (CET) on April 13, 2012.
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
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