Securitas enters the security services market in Sri Lanka
Following the strategy to enter new markets, Securitas has acquired 60 percent of the shares in the security services company Bren Security in Sri Lanka. Enterprise value is estimated to MSEK 37 (MLKR 570).Bren Security has annual sales of approximately MSEK 15 (MLKR 230) and approximately 1,050 employees. The company operates in guarding services, mainly for embassies, international non governmental organizations (NGOs), commercial sites and residential customers in the Colombo city area. Bren Security also provides mobile security services for special events and VIP escort services. At