Securitas acquires Protection Service in France
Securitas acquires Protection Service in France with estimated total sales in 2006 of MEUR 29 (MSEK 270) and 1,245 employees. Enterprise value is MEUR 1,9 (MSEK 17,7).
The company is focused on retail clients and Securitas takes over personnel and clients representing the Protection Service operations. With the acquisition, Securitas becomes the leading player in the French private security market for retail customers.
The acquisition will be integrated in Securitas as of April 1, 2007
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