Securitas enters the security services market in Hongkong
Securitas has acquired the security services company Polic Secuforce in Hongkong. The purchase price is approximately MSEK 2.8 (MHKD 2.7).
Polic Secuforce has annual sales of approximately MSEK 19 (MHKD 18). The company, with 10 years of experience from security services operations, has a broad contract portfolio, mainly in the education segment.
The Hongkong security services market is very fragmented, with a large number of small security services companies.
The acquisition will be consolidated in Securitas AB as of January 1, 2009.
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 10.00 (CET) on December 29, 2008