Securitas in negotiations regarding acquisition of Systems in France.
Securitas Security Systems in France is in exclusive negotiations with Valiance Group, the French leader in Cash Handling Services, regarding the possible acquisition of Eurotelis Valiance. The company, which has 370 employees, is operating in the security systems business in France with annual sales in 2003 of MEUR 27 (MSEK 250), mainly from installation and alarm monitoring.This acquisition should significantly strengthen the position of Securitas Systems in France and should permit us to take the leadership in the bank and post market segment.An agreement is expected to be signed by