Moore Security, with approximately 650 employees, has a very balanced and diverse customer portfolio in terms of sizes and vertical markets in Indiana and Kentucky. The acquisition will strengthen Securitas’ position as the market leader in this area.
The acquisition will be consolidated within Securitas AB as of March 13, 2009.
This press release is also available at: www.securitas.com
Information:
Gisela Lindstrand, Senior Vice President Corporate Communications and Public Affairs,
Securitas AB, mobile +46 70 287 8662
Securitas is a knowledge leader in security. By focusing on providing security solutions to fit each customer's needs, Securitas has achieved sustainable growth and profitability in more than 30 countries in North America, Latin America, Europe and Asia. Everywhere from small stores to airports, our 250,000 employees are making a difference.
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 15.00 (CET) on February 26, 2009.
Securitas acquires security services business in Indiana and Kentucky, USA
Securitas has agreed to acquire the commercial contracts and operational assets of the security services company Moore Security LLC, Clarksville, Indiana USA. The sale of the acquired contracts is approximately MSEK 140 (MUSD 15.6).