Securitas strengthens its technology offering in South Africa
Monday, October 21, 2013
Securitas has acquired the security solutions companies Rentsec and Vamsa in South Africa. Total enterprise value is estimated to approximately MSEK 57 (MZAR 90).
Rentsec and Vamsa have together annual sales of approximately MSEK 25 (MZAR 40) and 50 employees. The two companies, with the same owners, work closely together focusing on remote video surveillance as well as a range of advanced security technology applications specifically suited for the South African and the regional market. They have operations in Johannesburg and Cape Town, as well as the capability to deliver services on a national and regional scale.
The acquisitions strengthen Securitas position in South Africa as an integrated security solutions provider. Today, Securitas has over 3 500 employees in South Africa, with operations in specialized guarding, mobile, alarm monitoring, technology, forensics and risk management services.
The acquisition is consolidated in Securitas as of October 1, 2013.
This press release is also available at: www.securitas.com
Gisela Lindstrand, Senior Vice President Corporate Communications and Public Affairs, Securitas AB, phone +46 10 470 3011, mobile +46 70 287 8662, or email firstname.lastname@example.org
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 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 09.00. (CET) on October 21 2013.