20/04/2007
Securitas becomes leading security services supplier in Argentina
Stockholm, Sweden
The acquisition has estimated sales in 2007 of MARS 84 (approximately MSEK 190, MUSD 27.1). Enterprise value is estimated to MARS 28 (MSEK 63, MUSD 9).
Seguridad Argentina S. A. is one of the four major players in security services in Argentina with 2.500 employees. The contract portfolio includes security services in the major Argentinean airports. Included in the acquisition is also one of a few authorized guard training centers.
With this acquisition Securitas will be the leading security services supplier in Argentina with approximately 7.000 employees and annual sales of MSEK 500 (MUSD 71.4).