Securitas acquires security services company in Argentina
Securitas has acquired the security services company Consultora Videco in Argentina. Enterprise value is estimated to MSEK 262 (MARS 166).
Videco, with annual sales of approximately MSEK 263 (MARS 167) and approximately 2,240 employees, is operating in the state of Buenos Aires. The company is mainly operating in guarding services, in many different customer segments.
Securitas is market leader in security services in Argentina. With this acquisition, Securitas further strengthen its position in the area of Buenos Aires.
The acquisition is consolidated in Securitas AB as of April 1, 2011.
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 knowledge leader in security, focusing on providing security solutions to fit each customer's needs in 45 countries in North America, Europe, Latin America, Middle East, Asia and Africa. Everywhere from small stores to airports, our 280,000 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 (CET) on April 4, 2011.