Securitas acquires security services companies in Chicago, Illinois, USA
Securitas has acquired the security services companies Security Professionals Inc. and Security Management Inc., based in Chicago, Illinois, USA. Enterprise value is estimated to MSEK 70 (MUSD 10.5).
Security Professionals and Security Management have combined annual sales of approximately MSEK 215 (MUSD 32) and approximately 1,000 employees. The companies, with presence in the Chicago area have balanced and diverse customer portfolios.
Securitas is today the largest supplier of security services in the Chicago area. With these acquisitions, Securitas will strengthen its position in this geographic market.
The acquisitions are consolidated in Securitas AB as of November 1, 2010.
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. By focusing on providing security solutions to fit each customer's needs, Securitas has achieved sustainable growth and profitability in 40 countries in North America, Europe, Latin America, Middle East, Asia and Africa. Everywhere from small stores to airports, our 260,000 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 08.45 (CET) on November 12, 2010.