Securitas expands in Serbia

Securitas has acquired the security services company Sistem FTO in Serbia. Enterprise value is estimated to MSEK 60 (MRSD 654).

Sistem FTO has annual sales of approximately MSEK 126 (MRSD 1,380) and approximately 3,200 employees. The company is mainly operating in guarding and alarm monitoring.

With this acquisition Securitas will become the market leader in security services inSerbia, and also the largest employer in the security industry inSerbiawith approximately 6,500 employees.

The acquisition is consolidated inSecuritasABas of September 29, 2011.

This press release is also available at: www.securitas.com

 

Information:

Gisela Lindstrand, Senior Vice President Corporate Communications and Public Affairs, Securitas AB, phone +46 10 470 3011, mobile +46 70 287 8662, or email gisela.lindstrand@securitas.com

 

Securitas is a knowledge leader in security, focusing on providing security solutions to fit each customer's needs in 49 countries in North America, Europe, Latin America, Middle East, Asia andAfrica. Everywhere from small stores to airports, our 295,000 employees are making a difference.

SecuritasABdiscloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 15.30 (CET) on September 29, 2011.

 

 

 



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