Securitas has acquired the mobile security services company Nikaro in the United Kingdom. Enterprise value is estimated to MSEK 31 (MGBP 2.75).
Nikaro operates as a national security network, and is recognized as one of the top five market leaders in key holding and response services in the United Kingdom. The company, with annual sales of approximately MSEK 32 (MGBP 2.8), operates through a network of service providers, and runs currently with over 750 vehicles and 1,200 trained security professionals.
With this acquisition, Securitas further enhance its position as market leader within the mobile security services market in the United Kingdom.
The acquisition is consolidated in Securitas AB as of September 1, 2010.
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 knowledge leader in security. By focusing on providing security solutions to fit each customer's needs, Securitas has achieved sustainable growth and profitability in 40 countries in North America, Europe, Latin America, Middle East, Asia and Africa. Everywhere from small stores to airports, our 260,000 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 16.00 (CET) on September 2, 2010.
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