At the beginning of the year Sector Alarm took its first step into the Finnish market with the acquisition of Turvatiimi, Finland’s fourth biggest provider of security services with more than 1,000 employees and revenues of 35 million euros.

- Our two acquisitions in Finland have come in quick succession, and this really is an indication of our ambition to continue to grow in the Nordic region and in due course in the rest of Europe. Two years ago we acquired G4S in Sweden, which made us one of the leading operators in the Swedish market. We now have the same ambition to create an equivalent position in the Finnish market,” says Jörgen Dahl, CEO at Sector Alarm.

Sector Alarm’s strategy is to grow both organically and through acquisitions. Over the last four years they have acquired nine companies, eight of them based in the Nordic region. There is a strong desire and intention at Sector Alarm to play an active role in the consolidation of the Nordic security market. Each acquisition contributes to the creation of a solid platform for future synergies in each country.

It is expected that the formal takeover of G4S will take place at the beginning of April following the approval by the Finnish Competition Authority.

The Sector Alarm Group was founded in 1995 and has its head office in Oslo. Sector Alarm is the second biggest operator in the field of private homes and small businesses in Europe, has leading positions in Norway, Sweden and Finland, and is the market leader in Ireland. Before the acquisition in Finland, Sector Alarm had around 420,000 clients.