24.08.2012 • News

Securitas: agreed to acquire G4S’ guarding and monitoring operations

Securitas: agreed to acquire G4S' guarding and monitoring operations. Securitas has agreed to acquire G4S’ guarding and monitoring operations in Germany with total external sales o...

Securitas: agreed to acquire G4S' guarding and monitoring operations. Securitas has agreed to acquire G4S’ guarding and monitoring operations in Germany with total external sales of € 105 million in 2007.

The enterprise value is estimated to € 34 million. With 4,100 employees, G4S Germany, based in Hamburg, has a good presence in guarding mainly in northern Germany.

The company has a well diversified contract portfolio with a stable customer portfolio. Sales in alarm monitoring amounts to € 6 million.

www.securitas.com

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