Securitas acquires a technology security company in Spain
Securitas has acquired the technology security company Chillida Sistemas de Seguridad in Spain. Enterprise value is estimated to MSEK 205 (MEUR 23).
In 2011, Chillida had annual sales of approximately MSEK 265 (MEUR 30) and approximately 200 employees. The company has operations in the entire country, with most of the employees located in Valencia and Madrid.
Chilllida is focused in technology security operations like installations, monitoring and maintenance. The customers are mainly in the banking, retail, industry, public administration and residential segments. The company has a stable sales development, in-depth knowledge in technical security solutions and a good reputation. Chillida’s operation will be an important complement to Securitas’ security services portfolio and customers.
”With the acquisition of Chillida, Securitas will strengthen its position within combined services of guarding and technology systems. Securitas now creates a technology hub that will bring value primarily to our operations in Spain and Portugal”, says Securitas President and CEO Alf Göransson.
The acquisition is consolidated in Securitas as of April 1, 2012.
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 50 countries in North America, Europe, Latin America, Middle East, Asia andAfrica. Everywhere from small stores to airports, our 300,000 employees are making a difference.
SecuritasABdiscloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 13.30 (CET) on April 13, 2012.