Securitas Acquires Three European Companies
Securitas is strengthening its global position in 2018.
- By Ralph C. Jensen
- Jan 08, 2018
Based in Stockholm, Securitas is strengthening its global position in 2018 with the acquisition of three electronic security technology companies, Süddeutsche Bewachung in Germany, Automatic Alarm in France and Johnson & Thomson in Hong Kong.
In Germany, Securitas has acquired all shares in the security solutions company Süddeutsche Bewachung with an enterprise value estimated at MSEK 80 (MEUR 8.2).
Süddeutsche Bewachung has annual sales of approximately MSEK 95 (MEUR 9.6) and 300 employees. The company offers on-site, mobile and remote guarding in the Rhein-Neckar area in the south-west of Germany, with headquarter located in Mannheim. The company has a very solid customer portfolio, comprising many customer segments. With this acquisition, Securitas strengthens its position in this area of Germany.
In France, Securitas has acquired all shares in the electronic security company Automatic Alarm at an enterprise value of approximately MSEK 430 (MEUR 44).
Automatic Alarm is a nation-wide system integrator and installer of electronic security solutions, including intruder systems, video surveillance and access control, with multiyear maintenance contracts. The company, with 250 employees, has annual sales of approximately MSEK 370 (MEUR 38).
“The acquisition is in line with our Group strategy to integrate electronic security into our on-site and mobile security solutions offerings. This major acquisition positions Securitas as a significant player within electronic security and it strengthens us as the market leader in France”, said Securitas President and CEO Alf Göransson.
Securitas also has acquired the technology and installations company Johnson & Thompson in Hong Kong. With this acquisition, Securitas strengthens its position to deliver value added security solutions to customers in Hong Kong. The enterprise value is estimated to MSEK 46 (MHKD 43).
Johnson & Thompson is a monitoring, maintenance and installation company focused on the retail and mid-sized corporate market in Hong Kong. The company has 22 employees and annual sales of approximately MSEK 17 (MHKD 16). With this acquisition, Securitas continues to strengthen the ability to optimize security solutions, covering a combination of on-site guarding and remote guarding, mobile, monitoring and electronic security services to its customers in the AMEA region.
All three acquisitions are consolidated in Securitas as of Jan. 2.
Ralph C. Jensen is editor-in-chief of Security Today magazine.