Securitas has agreed to acquire the commercial business contracts and assets of the security services company Assistance Sécurité Gardiennage (ASG) in France. Enterprise value is estimated to MSEK 27 (MEUR 3).
ASG, a subsidiary of the French Group Assystem, has annual sales of approximately MSEK 125 (MEUR 14) and approximately 400 employees. The company is specialized in security services to the energy sector.
Securitas is the market leader in security services in France, with approximately 20,000 employees. With the acquisition of ASG, Securitas will become the leading player in the French private security market for energy customers.
The acquisition will be consolidated in Securitas AB as of June 1, 2011.
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, focusing on providing security solutions to fit each customer's needs in 45 countries in North America, Europe, Latin America, Middle East, Asia and Africa. Everywhere from small stores to airports, our 280,000 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 April 28, 2011.
This information was brought to you by Cision http://www.cisionwire.com
The following files are available for download: