03/03/2009
Securitas acquires GRB Security
Stockholm, Sweden
Securitas has acquired the security services company GRB Security in the United Kingdom. Enterprise value is estimated to MSEK 25 (MGBP 2).
GRB has annual sales of approximately MSEK 49 (4 MGBP) and consists of 175 employees. The company provides a full range of security services to its customers in Midlands, including guarding, mobile patrols and alarm receiving. As a Security Industry Authority (SIA) approved contractor, GRB will strengthen Securitas position in this key geographical area of the United Kingdom.
The acquisition was consolidated in Securitas AB as of March 1, 2008.
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