Gunnebo acquires security company in Spain

Gunnebo acquires security company in Spain Gunnebo has today acquired a Spanish security company, Musa Seguridad S.L, through its subsidiary CYRASA Servicio de Seguridad S.A. The vendor is Aguas de Barcelona, a listed water and service company. Musa is a small security company with 10 employees and an annual turnover of MSEK 5.5. Half of the business comprises a security alarm centre with 1,200 subscribers, mainly private individuals. The other half of the business consists of alarm installations and servicing of electronic security equipment. Even though Musa is a small acquisition, it is of interest to CYRASA in strategic terms, as it moves the company into security and surveillance on behalf of private clients. Formerly, it focused primarily on banks and other business clients. Musa's business will be integrated into our existing range of electronic security system in Spain, including such products as burglar alarms, fire alarms, CCTV (surveillance with cameras and monitor screens) and alarm centres. GUNNEBO AB Information For further information please contact: Fred Mertens, Vice President Gunnebo Physical Security, Sales Southern Europe, telephone +34 93 316 26 76, mobile +34 630 94 93 95, or Janerik Dimming, Director of Information, Gunnebo AB, telephone +46 31 83 68 00, mobile +46 705 83 68 03, email: ------------------------------------------------------------ This information was brought to you by BIT The following files are available for download:

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The Gunnebo Group is a leading global security provider offering a range of sustainable security products, services and software to retail, mass transit, public and commercial buildings, industrial and high-risk sites, and banks. Gunnebo operates within four core Business Units: Safe Storage (36% of Group sales), Cash Management (21%) Entrance Control (20%), and Integrated Security (23%). In 2018, Gunnebo's continuing operations had a turnover of MSEK 5,100 generated by 4,500 employees located in 25 countries across Europe, the Middle East, Africa, Asia-Pacific and the Americas.