Securitas strengthens its position in the Tracking & Tracing market in Belgium, the Netherlands and Luxembourg


Securitas strengthens its position in the Tracking & Tracing market in Belgium,
the Netherlands and Luxembourg

Following the strategy to further expand its business in the growing Tracking &
Tracing market, Alert Services Holding, a Brussels based subsidiary of
Securitas, has acquired the Belgian company Eureca Benelux Services,  the
Satworld group of companies in the Netherlands, and the company LuxTracing,
based in Luxemburg. These are three separate acquisitions made during the third
quarter 2008 and the total enterprise value for these three acquisitions is
estimated to MSEK 100 (MEUR 10.5).

These three companies have similar activities in specific geographies, covering
the totality of the Benelux countries. They develop, distribute, sell, install
and maintain complete solutions for Tracking & Tracing of vehicles to the
aftermarket, through a network of dealers and via direct sales.  For the alarm
monitoring and service of these installations both Satworld and Eureca Benelux
Services have cooperated with Securitas' Alert Services Division, ever since
their establishment. 

The total employment in the three companies is 30 persons at locations in Tiel
(Netherlands), Lasne (Belgium) and Foetz (Luxemburg) and the total sales of the
three companies is approximately MSEK 70. 

Securitas Alert Services operates a Tracking and Tracing network throughout most
EU countries. In the Benelux it offers alarm monitoring, verification,
assistance and follow-up services to more then 100,000 customers. More then 20
percent of these have chosen for Tracking & Tracing solutions. With these
acquisitions, Securitas Alert Services increases its ability to deliver a more
complete service to its customers such as car dealers, installation companies,
fleet-owners and end-users. This will be achieved by adding the acquired
specialised hardware know-how and related services to the present European Alert
Services offer.
The acquisitions are consolidated in Securitas AB during the third quarter of
2008 (Satworld) and as of October 1, 2008 (Eureca and LuxTracing). 

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

Information:
Gisela Lindstrand, Senior Vice President Corporate Communications and Public
Affairs, 
Securitas AB, mobile +46 70 287 8662

Securitas is a knowledge leader in security. By focusing on providing security
solutions to fit each customer's needs, Securitas has achieved sustainable
growth and profitability in more than 30 countries in North America, Latin
America, Europe and Asia. Everywhere from small stores to airports, our 250,000
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 08.45 (CET) on
October 13, 2008.

Attachments

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