Securitas Acquires Spanish Security Dealer

Securitas Security Systems has acquired all operation of Empresa de Servicios Especializados de Seguridad (ESES), which provides installation and servicing of security systems across Spain. ESES has approximately 130 employees, and the company's service and monitoring contracts account for 25 percent of the company's total sales.

The acquisition will bring Security Security Systems in Spain to annual sales of MEUR 74 (MSEK 672), and will bring total employee numbers up to 700 employees spread among 30 branches in the country.