Securitas acquires security services company in Argentina
Securitas has acquired the security services company Federal Resguard in Argentina. Enterprise value is estimated to approximately MSEK 50 (MARS 35).Federal Resguard has annual sales of approximately MSEK 140 (MARS 100) and 970 employees. The company is specialized in the customer segments retail, gated communities and country clubs, and operates mainly in the provinces of Buenos Aires and Mendoza. Securitas is the market leader in security services in Argentina, with approximately 14 500 employees and a national coverage. The acquisition of Federal Resguard will strengthen Securitas’