The European Commission has approved Securitas’ acquisition of Reliance Security Services in the United Kingdom.
As disclosed on September 30, 2010, Securitas will acquire Reliance Security Services in the United Kingdom, with annual sales of approximately MSEK 2,160 (MGBP 200). The enterprise value is estimated to MSEK 464 (MGBP 43).
The acquisition is consolidated in Securitas AB as of November 9, 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 email@example.com
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 14.00 (CET) on November 10, 2010.
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