Securitas enters the Australian security services market

Securitas has signed an agreement to acquire the Australian security services company PSGA.  The enterprise value is estimated at MSEK 36 (MAUD 5.5).PSGA has been a partner to Securitas in Australia for many years, providing consulting and investigation services and guarding services to Securitas’ global customers mainly in Sydney and Melbourne. The company has 120 employees and annual sales of approximately MSEK 81 (MAUD 12). “We see opportunities to grow with our global customers in Australia, to establish a solid local business in the country, and at the same time develop the market