Stronger presence in the Netherlands Securitas Systems has acquired Installerende Partners. The purchase price is between 5-7x EBITDA. Installerende Partners has more than 20 years of experience in the security industry and is a supplier of integrated security and IP satellite services to large customers in Holland. The annual sales for 2006 were approximately MSEK 26 (MEUR 2.8). The company has 25 employees. Installerende Partners is an experienced security systems integration firm and has a good reputation for providing superior, custom-fit security systems to its customers. ”With the acquisition of Installerende Partners, we strengthen our presence in the Netherlands. The acquisition of Installerende Partners is a natural step in our strategy to secure and strengthen our position on the Dutch market” says Juan Vallejo, CEO of Securitas Systems AB. For further information: Åsa Larsson, Head of Communication and IR +46 (0)10 458 8017 This press release is also available at: www.securitassystems.com Securitas Systems AB (publ) is a world leading security partner offering complete security solutions for customers with high security demands within market segments, such as banking, industry, defense, healthcare and retail. Services are based on modern technology and concepts include access control, video surveillance, intrusion protection and fire alarm systems.
Stronger presence in the Netherlands
| Quelle: Niscayah Group AB