Securitas acquires security services company in Singapore
Securitas has acquired the security services company Chubb Guarding Services Singapore. Enterprise value is estimated to MSEK 37 (MSGD 7).Chubb Guarding Services Singapore has annual sales of approximately MSEK 94 (MSGD 18) and approximately 600 employees. The company has a quality customer base, and its customer portfolio is well diversified across customer segments and between the public and private sectors. Chubb Guarding Services Singapore is among the top 5 leading guarding companies in Singapore. By acquiring Chubb Guarding Services Singapore, which is also an “A” Grade Singapore