Securitas strengthens its technology offering in Croatia

 Securitas has acquired 65 percent of the shares in the security solutions company Tehnomobil in Croatia. The purchase of the remaining 35 percent of the shares is agreed to take place at the end of 2015.  Enterprise value is estimated to MSEK 52 (MHRK 46).

Tehnomobil has annual sales of approximately MSEK 65 (MHRK 57) and 60 employees. The company is the largest integrator of security systems in Croatia and offers a wide range of technical services, such as video surveillance, fire and gas detections, intrusion detection, access control and parking systems. Tehnomobil has a national footprint, with the head office in Zagreb.
 
Securitas is the second largest player in the security services market in Croatia. With this acquisition, Securitas strengthens its technology offerings in the country as well as in the Balkan region. 

The acquisition is consolidated in Securitas as of November 1, 2013.

This press release is also available at: www.securitas.com

Information:
Gisela Lindstrand, Senior Vice President Corporate Communications and Public Affairs, Securitas AB, phone +46 10 470 3011, mobile +46 70 287 8662, or email gisela.lindstrand@securitas.com

Securitas is a global knowledge leader in security. From a broad range of services of specialized guarding, technology solutions and consulting and investigations, we customize offerings that are suited to the individual customer’s needs, in order to deliver the most effective security solutions. Everywhere from small stores to airports, our 300,000 employees are making a difference.

Securitas AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 16.00. (CET) on November 4, 2013.

Tags: