Securitas enters the Latvian security services market


Securitas enters the Latvian security services market

Securitas has acquired 65 percent of the shares in the security services
company Ave Lat Sargs inLatvia. There is an agreement to acquire the
remaining 35 percent of the shares in 2014.Enterprisevalue of the
acquired 65 percent of the shares is estimated to MSEK 14 (MLVL 1.1).  

Ave Lat Sarges is one of the largest security services companies
inLatvia. The company has annual sales of approximately MSEK 40 (MLVL
3.1) and 280 employees. Ave Lat Sargs is mainly operating within
guarding, technical security solutions and monitoring.

The acquisition is consolidated in Securitas as of November 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 49 countries in North
America, Europe, Latin America, Middle East, Asia andAfrica. Everywhere
from small stores to airports, our 295,000 employees are making a
difference.

SecuritasABdiscloses the information provided herein pursuant to the
Securities Markets Act and/or the Financial Instruments Trading Act. The
information was submitted for publication at 08.30 (CET) on November 1,
2011.

 

 

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