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.
