Securitas has acquired the security services company Federal Resguard in Argentina. Enterprise value is estimated to approximately MSEK 50 (MARS 35).
Federal Resguard has annual sales of approximately MSEK 140 (MARS 100) and 970 employees. The company is specialized in the customer segments retail, gated communities and country clubs, and operates mainly in the provinces of Buenos Aires and Mendoza.
Securitas is the market leader in security services in Argentina, with approximately 14 500 employees and a national coverage. The acquisition of Federal Resguard will strengthen Securitas’ presence in the Mendoza region.
The acquisition is consolidated in Securitas as of December 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 firstname.lastname@example.org
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 09.00 on December11, 2012.
This information was brought to you by Cision http://www.cisionwire.com
The following files are available for download: