Gunnebo sells Perimeter Security business
Gunnebo security group has signed an agreement to sell its Perimeter Protection business unit to Procuritas Capital Investors IV.The Perimeter Protection operations primarily entail the production and sale of, and projects relating to, high security products, gates, fencing, posts and related service in Germany, France, Sweden, Norway, Denmark, Finland and a number of export markets. The business area has 400 employees and annual net sales of approximately MEUR 70. Gunnebo remain with minor shareholding and some financing. “The sale of Perimeter Protection is in line with our strategy,