Securitas enters the security services market in Croatia

Bob Forsyth – The Key battleground for client data Bob Forsyth, Chief Executive Officer at Kings Security, discusses new disruptive technologies and their impact on the today's marketplace in his latest blog. Read on »
UK OSPAs winners announced The UK Outstanding Security Performance Awards (OSPAs) event took place at the Royal Lancaster in central London on 1 March. Over 400 security professionals gathered to celebrate Read on »
James G Brown shortlisted for the 2018 UK OSPAs Lifetime Achievement Award James (Jim) G Brown, Chairman and Founder of Selectamark Security Systems, has been shortlisted for this year's OSPA Lifetime Achievement Award. Read on »
Friday, 23 March 2018

Securitas enters the security services market in Croatia

Securitas has acquired 85 percent of the shares in the security services company Zvonimir Security in Croatia. Enterprise value for the 85 percent of the shares is estimated to MSEK 49 (MHRK 40).

Zvonimir Security is one of the leading security services companies in Croatia, with annual sales of approximately MSEK 82 (MHRK 67) and approximately 1,000 employees. The company offers mainly guarding and mobile services and operates across Croatia.

The Croatian security services market is fragmented, however the top 10 companies account for 60 percent of the market.

The acquisition is consolidated inSecuritasABas of August 1, 2011.

Securitas Website

Leave a Reply

Your email address will not be published.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


Interconnective Security Products