Securitas enters the security services market in Ecuador

 

Securitas enters the security services market in Ecuador

 Following the strategy to expand in Latin America, Securitas has
acquired the security services company Seguridad y Turismo Segutouring
Cia (SGT Seguridad) in Ecuador. Enterprise value is estimated to MSEK 12
(MUSD 1.8).

SGT Seguridad has annual sales of approximately MSEK 61 (MUSD 9) and
approximately 900 employees. The company has a national coverage and is
mainly operating in guarding services.

There are about 600 security services companies in Ecuador. The security
market is estimated to be worth approximately MSEK 2,380 (MUSD 350).

The acquisition is consolidated in Securitas AB as of February 1, 2011.

This press release is also available at:
www.securitas.com (http://www.securitas.com/)

Information:

Gisela Lindstrand, Senior Vice President Corporate Communications and
Public Affairs, Securitas AB, phone +46 10 470 3011, mobile +46 70 287
8662, or email
gisela.lindstrand@securitas.com (gisela.lindstrand@securitas.com)

Securitas is a knowledge leader in security, focusing on providing
security solutions to fit each customer's needs in 45 countries in North
America, Europe, Latin America, Middle East, Asia and Africa. Everywhere
from small stores to airports, our 280,000 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 13.30 (CET) on February 17,
2011.