Securitas acquires security services company in Romania

4/20/2007, 10:00 AM (Source: GlobeNewswire)
Security Services Europe continues to expand the platform in Eastern
Europe by agreeing to acquire 55 percent of the shares in CPI
Security Group in Romania. The purchase of the remaining 45 percent
of the shares is agreed to take place in 2010 and will be based on
the financial performance of the company until the year 2009.
Enterprise value is estimated to MSEK 29.


CPI Security Group is one of the major players on the Romanian
security market with wide coverage and a strong customer portfolio
mainly within permanent guarding services. The company has estimated
annual sales for 2007 of MRON 30 (MSEK 87) and more than 2,000
employees.

Romania entered the European Union on January 1, 2007 which
constitutes a good foundation for continued growth and stability. The
Romanian economy is developing with a GDP growth of more than 7
percent in 2006 and the Romanian security market is estimated to be
worth MSEK 2,500.

The acquisition will be integrated in Securitas as of May 1, 2007



Information:
Gisela Lindstrand, Senior Vice President
Corporate Communications and Public Affairs +46 (0) 70 287 8662
Henrik Brehmer, Senior Vice President
Invest Relations
+44 (0) 20 84326523

This press release is also available at: www.securitas.com


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