AI assistant
Securitas — M&A Activity 2016
Feb 1, 2016
2968_rns_2016-02-01_f71bc665-c625-4245-a812-76045a47b845.pdf
M&A Activity
Open in viewerOpens in your device viewer
February 1, 2016
Securitas completes acquisition of Diebold's North American Electronic Security business
Page 1 of 1
Regulatory authorities have approved Securitas' acquisition of Diebold's North American Electronic Security business.
As disclosed on October 25, 2015, Securitas has agreed to acquire Diebold's North American Electronic Security business. The company had during the period of June 30, 2014 to June 30, 2015 total sales of approximately MSEK 2 820 (MUSD 330). The purchase price is approximately MSEK 2 990 (MUSD 350).
"During the past years, we have focused on strengthening our technological expertise and come far to become the leading security solutions company. Securitas is at the forefront of the transformation of the security industry and we receive proof of this every day, in our interaction with existing and potential customers. With the acquisition of Diebold's North American Electronic Security business, we will be able to further accelerate our development", says Securitas President and CEO Alf Göransson.
The acquisition is consolidated in Securitas as of February 1, 2016.
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 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 global knowledge leader in security. From a broad range of services of specialized guarding, technology solutions and consulting and investigations, we customize offerings that are suited to the individual customer's needs, in order to deliver the most effective security solutions. Everywhere from small stores to airports, our 320,000 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 18.00. (CET) on February 1, 2016.