Acquisition in France

Acquisition in France Securitas Security Systems Europe has today agreed to acquire Clemessy ACS in France with annual sales of MSEK 120 (83 MFRF) and 140 employees. Sales are mainly split between installation (60% of sales) and servicing (40% of sales) of access control, intrusion alarms, CCTV and fire alarms. The company has its´main activities in the south and southeast of France and complements well Securitas current presence in France in Security Systems which will have total annual sales of MSEK 650 (450 MFRF) after the acquisition. The agreed purchase price amounts to MSEK 39 (27 MFRF) which gives a goodwill of MSEK 48 (33 MFRF) to be amortized over ten years. The acquisition is excpected to contribute positively to the result before tax in 2002. Security Systems Europe will have total annual sales of MSEK 3000 after the acquisition. Further information can be obtained from Thomas Berglund, President and CEO, tel +44 7712 069 598 or Håkan Winberg, Executive Vice President and CFO, tel +44 7990 562 582 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/10/24/20011024BIT01160/bit0002.doc http://www.waymaker.net/bitonline/2001/10/24/20011024BIT01160/bit0002.pdf