Securitas enters the security services market in Croatia


Securitas enters the security services market in Croatia

Securitas has acquired 85 percent of the shares in the security services
company Zvonimir Security in Croatia. Enterprise value for the 85
percent of the shares is estimated to MSEK 49 (MHRK 40).

Zvonimir Security is one of the leading security services companies
inCroatia, with annual sales of approximately MSEK 82 (MHRK 67) and
approximately 1,000 employees. The company offers mainly guarding and
mobile services and operates acrossCroatia.

The Croatian security services market is fragmented, however the top 10
companies account for 60 percent of the market.

The acquisition is consolidated inSecuritasABas of August 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.

SecuritasABdiscloses the information provided herein pursuant to the
Securities Markets Act and/or the Financial Instruments Trading Act. The
information was submitted for publication at 12.30 (CET) on July 29,
2011.

 

 

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