Securitas has acquired the technical solutions company Trailback, specialized in GPS solutions, in Argentina. Enterprise value is estimated to MSEK 34 (MARS 22).
Trailback has developed a tailor-made solution based on GPS and provide services for tracking to a width range of customer segments. The company has annual sales of approximately MSEK 14 (MARS 9), and 44 employees.
With this acquisition, Securitas will strengthen its position as the market leader in Argentina, and also further develop its integrated solutions to the customers, including technical and electronic security services and products.
The acquisition was consolidated in Securitas as of April 1, 2012.
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 global knowledge leader in security. From a broad range of services of specialized guarding, technology solutions and consulting and investigations, we customize offerings that are suited to the individual customer’s needs, in order to deliver the most effective security solutions. Everywhere from small stores to airports, our 300,000 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 8.30 a.m. (CET) on April 23, 2012.
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