Securitas enters the security services market in Jordan

Securitas enters the security services market in Jordan

  Securitas has agreed to acquire 50 percent plus one of the shares in
the security services company Al Sharika Al Muatfawika Likhadamat Al
Amin Wa Al Himaya in Jordan. The seller is the Jordanian Company
JoSecure, fully owned by King Abdullah II Design and Development Bureau
(KADDB). Enterprise value is estimated to MSEK 23 (MJOD 2.5).

The company has annual sales of approximately MSEK 20 (MJOD 2.2) and
approximately 800 employees, which makes it the second largest security
services company inJordan. The security services market inJordanis very
fragmented and is expected to grow fast.

The company is geographically present all overJordanwith concentration
in the cities of Amman and Aqaba. The company is mainly operating in the
customer segments banks and financial institutes, real estate
developers, communications companies and commercial entities.

The acquisition is consolidated in Securitas AB as of June 1, 2011.

This press release is also available at:
www.securitas.com (http://www.securitas.com/)

Information:

Gisela Lindstrand, Senior Vice President Corporate Communications and
Public Affairs, Securitas AB, phone +46 10 470 3011, mobile +46 70 287
8662 or email
gisela.lindstrand@securitas.com (gisela.lindstrand@securitas.com)

 

 

Securitas is a knowledge leader in security, focusing on providing
security solutions to fit each customer's needs in 45 countries in North
America, Europe, Latin America, Middle East, Asia andAfrica. Everywhere
from small stores to airports, our 280,000 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 14.00 (CET) on June 9, 2011