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News

GRB Security acquisition by Securitas.

Securitas : 04 March, 2008  (Company News)
Security industry giant Securitas expands its scope in the UK with the acquisition of SIA approved vendor, GRB Security.
Securitas has acquired the security services company GRB Security in the United Kingdom with an enterprise value estimated at 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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