Securitas completes the acquisition of Draht+Schutz in Germany
Regulatory authorities have approved Securitas’ acquisition of the electronic security company Draht+Schutz in Germany. Enterprise value is estimated to MSEK 115 (MEUR 12.5).
As disclosed on April 12, 2016, Securitas has agreed to acquire Draht+Schutz Unternehmengruppe, a full-service provider in the electronic security industry in Germany. The company has 160 employees and generated in 2015 annual sales of approximately MSEK 175 (MEUR 19).
With this acquisition, Securitas strengthens its position as the leading security solutions company in Germany.
The acquisition is consolidated in Securitas as of May 2, 2016.
This press release is also available at: www.securitas.com
Information: 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
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