Securitas to acquire security services company in India

Securitas to acquire security services company in India

As part of the strategy to grow the business in Asia, Securitas has agreed to
acquire 49 percent of the shares in the Indian security services company
Walsons. The purchase price is approximately MSEK 107 (MINR 670).

Walsons, which was established in 1996, is the fourth largest national security
services company in India and has annual sales of approximately MSEK 76 (MINR
475). The company has 6 500 employees and is located in nine regions in India.
Walsons has a high quality contract portfolio with a majority of the business
within the IT, insurance and finance sectors. 

The Indian security services market is estimated to be worth about 3 000 MSEK
and is expected to grow by at least 20 percent annually in the coming five
years.

- The acquisition of 49 percent of Walsons, which is a fast growing high quality
security services company, will give us a strong foothold in the fast growing
Indian security services market and also the possibility to service our
multinational clients in India in the best possible way, says Securitas
President and CEO Alf Göransson.

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

Information:
Gisela Lindstrand, Senior Vice President Corporate Communications and Public
Affairs, phone +46 8 657 7332 or +46 70 287 8662