Tallinna Kaubamaja Grupp AS informed on 8 July 2015 the stock exchange of acquiring 100% shares of Digisilm Videovalve OÜ by its subsidiary, Viking Security AS. By respective acquisition Viking Security AS strengthened its services related to the design, installation and maintenance of electronic alert, surveillance and monitoring systems.
In order to increase efficiency plan is to merge the activities of subsidiaries in the group that are involved in security business – Digisilm Videovalve OÜ (company to be acquired) will be merged into Viking Security AS (acquiring company). The merger agreement related to the above-mentioned merger was signed today. The merger will most likely be registered in the Commercial Registry during December 2015.
The merged company will continue providing high-quality security services. The resulting synergy will allow us to provide our clients with increasingly better and perfected solutions, and continue the successful growth of the company thus far.
Raul Puusepp
Chairman of the Board
Phone: +372 731 5000