Securitas Systems acquires F+H electronic in Germany Securitas Systems has acquired F+H electronic in Germany. The company offers electronic security systems solutions and services to the industrial and banking sector. With the acquisition of F+H electronic, Securitas Systems strengthens its nationwide presence and activities in Germany. F+H electronic employs 35 people and had an annual turnover of MSEK 42 (MEUR 4.5) in 2006. The acquisition will be concluded September 5, 2007 and is expected to marginally contribute to Securitas Systems sales and result in 2007. “F+H electronic is a company with high capabilities within integrated security systems. With this acquisition we will secure and strengthen our position in security systems integration on the German market” said Juan Vallejo, CEO and President of Securitas Systems AB. For further infomation: Juan Vallejo, CEO +46 8 657 76 00 Peter Ragnarsson, CFO +46 8 657 76 00 Åsa Larsson, Head of Communication and IR +46 70 660 7433 This press release is also available at the Securitas Systems website: www.securitassystems.com Securitas Systems AB (publ) is a world leading security systems integrator who offers complete security solutions for customers with high security demands within market segments such as banking, industry, defence, healthcare and retail. Services are based on modern technology and concepts include access control, video surveillance, intrusion protection and fire alarm systems. Total annual sales amount to approximately MSEK 6,000. The company has about 5 400 employees and operates in 14 European countries and in the USA, Hong Kong and Australia. Systems is listed on the Nordic list (mid cap) within ticker SYSI. For further information on Securitas Systems please visit the following website www.securitassystems.com.
Securitas Systems acquires F+H electronic in Germany
| Quelle: Niscayah Group AB