Acquisition Log 2010

Acquisition of subsidiaries and associated companies
Acquisition calculations are subject to final adjustment up to one year after the date of acquisition

 

 

MSEK

Purchase
price paid
Acquired
net debt
Enterprise
value
Goodwill (2) Acquisition
related
intangible
assets
Operating
capital
employed
Shares in
associated
companies
Total capital
employed
G4S, Germany 31.8 31.8 -31.8  - - -   -31.8 
Seccredo, Sweden (3) -21.0 5.5  -15.5  36.2  -20.7  15.5 
Claw Protection Services, South Africa (3) -7.5 0.3  -7.2  10.1  5.3 -8.2  7.2 
Dan Kontrol Systemer, Denmark -25.6  1.6  -24.0  19.1  10.6  -5.7  24.0 
Bren Security, Sri Lanka (3) -23.2 0.2 -23.0  40.0  9.3  -26.3  23.0 
Paragon Systems, USA -267.2 -0.7 -267.9  218.7  16.6  32.6  267.9 
Legend Group Holding International, Singapore (3) -22.4 -6.1 -28.5  12.6  17.1  -1.2  28.5 
Guardian Security, Montenegro (3) -23.0

-1.8

-24.8  17.1  15.6  -7.9  24.8 
Nikaro, United Kingdom -29.3 1.6 -27.7 19.4 13.3 -5.0 27.7
ESC and SSA Guarding Company, Thailand (3) -26.0 1.8 -24.2 16.6 7.2 0.4 24.2
Nordserwis.pl, Poland (3) -6.9 0.4 -6.5 4.8 5.2 -3.5  6.5 
Security Professionals and Security Management, USA (3) -71.1 0.8 -70.3 34.8 39.9  -4.4  70.3 
Reliance Security Services, United Kingdom -446.8 43.5 -403.3 333.2  130.9  -60.8  403.3 
Alarm W est Group, Bosnia and Herzegovina (3) -44.7 45.2 -89.9 73.6 44.7 -28.4  89.9 
Piranha Security, South Africa (3) -9.3 1.7 -7.6 9.4  7.0  -8.8  7.6 
Cobra Security, Romania -4.0 21.5 -25.5 23.4 4.0  -1.9  25.5 
Other acquisitions and adjustments (1,3) -302.2 22.6 -279.6 71.4 113.6  93.6  1.0 279.6 
Total acquisitions -1 298.4 4.7 -1 293.7 908.6 440.3  -56.2 1.0 1 293.7
Liquid funds according to acquisition analyses 107.7              
Total effect on Group’s liquid funds -1 190.7              

 

1. Related to other acquisitions for the period and updated previous year acquisition calculations for the following entities: Hamilton, USA, Atlantis Securite, Canada, Navicus, C&I, Addici (contract portfolio) and Jourman (contract portfolio), Services Sweden, Dalslands Bevakning (contract portfolio), Labelå (contract portfolio) and Sörmlands Bevakning (contract portfolio), Mobile Sweden, Verdisikring Vest (contract portfolio), Mobile Norway, Ferssa Group, Services France, Staff Sécurité (contract portfolio), AGSPY, SCPS (contract portfolio), GPSA (contract portfolio) and IGPS, Mobile France, LB Protection (contract portfolio) and Eryma (contract portfolio), Alert Services France, Swallow Security Services, Mobile UK, Tecniserv, Alert Services Spain, W OP Protect (contract portfolio) and Alpha Protect (contract portfolio), Services Switzerland, GPDS (contract portfolio), Mobile Belgium, EMS (contract portfolio), Alert Services Belgium, Hose, Services Netherlands, Hadi Bewaking (contract portfolio), Mobile Netherlands, Agency of Security Fenix, Services Czech Republic, Gordon and Security 018, Serbia, ICTS, Services Turkey, GMCE Gardiennage, Morocco, Vigilan and El Guardian, Argentina, Trancilo and Gadonal, Uruguay, W orldwide Security and Protec Austral, Chile, Guardforce, Hong Kong, MKB Tactical, South Africa, Globe Partner Services, Egypt and Long Hai Security, Vietnam. Related also to deferred considerations paid in the USA, Mexico, Spain, Belgium, Switzerland, Turkey and Argentina.
2. Goodwill that is expected to be tax deductible amounts to MSEK 15.
3. Deferred considerations have been recognized mainly based on an assessment of the future profitability development in the acquired entities for an agreed period. The net of new deferred considerations and payments made from previously recognized deferred considerations was MSEK 32. Total deferred considerations, short-term and long-term, in the Group’s balance sheet amount to MSEK 297.

 

 

Investor relations contact:
Micaela Sjökvist
Head of Investor Relations
Phone: +46 (0)104703013
Cell phone: +46 (0)761167443
Fax: +46 (0)104703122 
micaela.sjokvist@securitas.com