Securitas acquires leading electronic security company in Germany

Peter Karlströmer, Divisional President Security Services Europe: "We are very happy to welcome the Protection One team to the Securitas family. As the leading German player selling remote monitoring services and installations Protection One fits perfectly with Securitas' security solutions and electronic security strategy. We are excited about the new opportunities that Protection One's strong experience in customized client solutions will enable, given their high client satisfaction and Securitas' increased focus on the SME segment. With this acquisition, we will further strengthen our leading offerings in the growing German security market. We believe this acquisition will help us serve our clients in an even better way today and in the future." 

Peter Karlströmer, Divisional President Security Services Europe: "We are very happy to welcome the Protection One team to the Securitas family. As the leading German player selling remote monitoring services and installations Protection One fits perfectly with Securitas' security solutions and electronic security strategy. We are excited about the new opportunities that Protection One's strong experience in customized client solutions will enable, given their high client satisfaction and Securitas' increased focus on the SME segment. With this acquisition, we will further strengthen our leading offerings in the growing German security market. We believe this acquisition will help us serve our clients in an even better way today and in the future." 

The acquisition-related costs are expected to be MSEK 45, to be recognized in the period 2021 to 2023. The acquisition is expected to be accretive to EPS as of 2022. The acquisition is subject to approval from competition authorities and is expected to be finalized during the third quarter of 2021.

Further information:

CONTACT:

Investors: Micaela Sjökvist, Head of Investor Relations; +46 76 116 7443, [email protected]

Media: Helena Andreas, SVP Communications & People, +46 10  470 30 20; [email protected]

About Securitas

Securitas is the world's leading intelligent protective services partner. Our guarding, electronic security, fire and safety, and risk management solutions enable more than 150,000 clients to see a different world. We are present in 48 markets and our innovative, data-driven approach makes us a trusted partner to many of the world's best-known companies. Our 355,000 employees live our values of integrity, vigilance and helpfulness, and our purpose is to help make your world a safer place.

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