Securitas Systems purchases Swedish fire protection company
Securitas Systems is purchasing the Swedish company Förebygget Brandskydd AB. The acquisition will be concluded during the first quarter 2008. The purchase price is between 4-7x EBITDA.
Förebygget Brandskydd supplies fire protection services to companies and public authorities throughout the country. The annual sales for 2007 amounted to MSEK 11 (MEUR 1.2) and the company has 9 employees.