Securitas Systems Purchases G4S’s Security Systems Operation
Securitas Systems has acquired G4S’s German security systems operation G4S Sicherheitssysteme GmbH.
G4S Sicherheitssysteme GmbH is one of the five largest companies in the security systems market in Germany. The company employs around 300 people and has 20 branches spread across Germany. The focus is on the banking and finance sector as well as the retail sector.
The operation is expected to be consolidated into Securitas Systems’ accounts as of May, depending on the German antitrust authority handling time.
“With the acquisition, we will be the number three player and the largest product independent systems integrator on the German market. We will strengthen our service portfolio, reach critical volume and national coverage on the largest market in continental Europe,” said Juan Vallejo, President and CEO of Securitas Systems AB.