Gunnebo invests in South America through increased ownership in Brazilian joint-venture
The Gunnebo Security Group has increased its ownership from 50 to 80 per cent in the Brazilian joint-venture company Gateway Security SA, which therewith becomes a subsidiary. The company will be Gunnebo’s platform for growth in South America.Gunnebo foresees strong growth in the South American security market in the years to come. Today Gunnebo is a leading provider of security solutions to the Brazilian retail sector. The business comprises a solid platform from which to grow the Group’s complete security offering in Brazil as well as in other growing South American markets. Gunnebo