Securitas acquires the Belgian security services company Cobelguard

 
Bob Forsyth – Cloud Technology, trajectory of the future In his latest blog for Infologue Bob Forsyth, Chief Executive Officer at Kings Security writes about Cloud Technology and its prospective applications for the security sector.  Read on »
Churchill Services Group announces the launch of its new rebranded security division Churchill Services Group has today announced the launch of its new rebranded security division – ‘Amulet’. Read on »
Bob Forsyth – GDPR (Sorry don’t fall asleep it’s important) In his latest blog for Infologue Bob Forsyth, Chief Executive Officer at Kings Security writes about the introduction of GDPR and its implications for the security sector. Read on »
Saturday, 21 July 2018

Securitas acquires the Belgian security services company Cobelguard

Securitas has agreed to acquire the Belgian security services company Cobelguard. Enterprise value is estimated to MSEK 347 (MEUR 39).

Cobelguard has annual sales of approximately MSEK 535 (MEUR 60) and approximately 1,600 employees. The company is mainly operating in guarding inBelgium, and has also operations in Luxemburg.

Securitas is one of the leading players in the security services market in Belgium. With this acquisition, Securitas will strengthen its position in the retail segment.

The acquisition is subject to approval from Belgian competition authorities.

Securitas Website


Leave a Reply

Your email address will not be published. Required fields are marked *

*

Interconnective Security Products