Securitas acquires security services company in the United Kingdom
Securitas has acquired the security services company GRB Security in the United Kingdom. Enterprise value is estimated to MSEK 25 (MGBP 2).
GRB has annual sales of approximately MSEK 49 (4 MGBP) and consists of 175 employees. The company provides a full range of security services to its customers in Midlands, including guarding, mobile patrols and alarm receiving. As a Security Industry Authority (SIA) approved contractor, GRB will strengthen Securitas position in this key geographical area of the United Kingdom.
The acquisition was consolidated in Securitas AB as of March 1, 2008.
This press release is also available at: www.securitas.com
Gisela Lindstrand, Senior Vice President Corporate Communications and Public Affairs, phone +46 8 657 7332 or +46 70 287 8662
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 on March 3, 2008.
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