Securitas acquires two security services companies in Uruguay


Securitas acquires two security services companies in Uruguay

As part of the strategy to grow the business in Latin America, Securitas has
acquired the security companies SATS and Servicios de Seguridad in Uruguay. The
acquisitions will give Securitas a market leading position in Uruguay with a 16
percent market share in the formal guarding market. Enterprise value is
estimated to MSEK 50 (MUYU 164).

SATS and Servicios de Seguridad are nationwide companies with 20 years of
experience. The majority of the business is geographically located to the cities
Montevideo and Canelones. Combined, the two companies have operations in
guarding, monitoring and alarm response services. The companies have in total
1,500 employees and annual sales of MSEK 69 (MUYU 228). 

After the acquisitions Securitas will have total annual sales in Uruguay of
approximately MSEK 111 (MUYU 365) and 2,200 employees.

The acquisitions will be integrated in Securitas as of May 15, 2008.



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


Information:
Gisela Lindstrand, Senior Vice President Corporate Communications and Public
Affairs, phone +46 10 470 3011 or mobile +46 70 287 8662


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 10.00 on May 15,  2008.

Attachments

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GlobeNewswire