Securitas acquires alarm systems company in Switzerland
Securitas’ subsidiary in Switzerland, Protectas SA, has acquired the alarm systems company SH Safe Home SA. Enterprise value is estimated to MSEK 36 (MCHF 6.2).
Safe Home operates in the business area of installations of alarm systems for private households, and has annual sales of approximately MSEK 16 (MCHF 2.7).
Protectas and Safe Home have co-operated for more than ten years. The majority of the Safe Home alarms are connected with the Protectas alarm receiving center and Protectas delivers also the call out service for these customers.
The acquisition is consolidated in Securitas AB as of September 1, 2008.
This press release is also available at: www.securitas.com
Gisela Lindstrand, Senior Vice President Corporate Communications and Public Affairs,
Securitas AB, mobile +46 70 287 8662
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 more than 30 countries in North America, Latin America, Europe and Asia. Everywhere from small stores to airports, our 250,000 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 08.30 (CET) on September 2, 2008