Securitas Acquires Swedish Consulting Company Seccredo

Securitas has acquired 51 percent of the shares in Seccredo , a consulting company performing crisis management and risk- and security services in Sweden.

Seccredo, with annual sales of approximately US$3.4 million and approximately 20 employees, is a Swedish consulting firm in the field of highly qualified risk, crises and security investigations and services. The company assists customers with preventing, controlling and mitigating disturbances and losses in organization, operations and of assets. The customers represent a broad cross section of brands from both the private and public sector including insurance, bank and finance, manufacturing, energy, media, pharmaceuticals, food, transport, services and the authorities, municipalities and enterprises of the public sector. Seccredo is represented in several offices in Sweden and abroad.

Securitas President and CEO Alf Goransson will serve as Chairman of the board of Directors of Seccredo.

The acquisition is consolidated in Securitas as of Jan. 1, 2010.

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