Gunnebo Acquires Electronic Security Company in UK

The Gunnebo Security Group has completed the acquisition of Clear Image, a provider of electronic security solutions and services in the United Kingdom.

Clear Image offers intelligent and innovative electronic security solutions supported by a highly experienced service team. Its customer base includes leading cash in transit companies, banks and retailers.

"The acquisition of Clear Image is a perfect fit for Gunnebo," says Gunnebo's President and CEO, Per Borgvall. "It enhances our strong existing security offering and opens up new opportunities for us on the UK market within some of our core customer segments."

Clear Image was founded in 1997 as a privately owned family business. The company has an annual turnover of around £5 million (58 MSEK) and employs 60 people. Clear Image will be consolidated in Gunnebo's accounts from October 2014 and will have a positive impact on the Group's result for the year.