Securitas

May 17, 2022

Update on timing of Securitas acquisition of Stanley Security

The acquisition of Stanley Security is conditional upon regulatory approval and customary closing conditions and is now expected to close during the third quarter 2022. On December 8, 2021, Securitas announced it had signed an agreement to acquire the Electronic Security Solutions business from Stanley Black & Decker Inc.(“Stanley Security”) for a purchase price of MUSD 3 200 on a debt and cash free basis. The regulatory approval processes, which were initially communicated to be expected to be finalized during the first half year of 2022, are still ongoing and it is now expected that the

Read the whole post

Schörling acquires 5 870 000 shares in Nibe

Schörling
 — 
2024
.
11
.
25
On November 22, Märta Schörling Andreen and Sofia Schörling Högberg acquired 2 935 000 Class B shares each in Nibe. Following the acquisition, Märta Schörling Andreen and Sofia Schörling Högberg own approximately 37 million Nibe Class B shares and approximately 34 million Nibe Class A shares each.
Read more →

Hexagon accelerates the shift to fully autonomous mines with acquisition of indurad

Hexagon
 — 
2024
.
11
.
21
Hexagon has announced the acquisition of indurad, a global leader in radar and Real-Time Location Systems (RTLS) technologies, along with its autonomous haulage subsidiary, xtonomy. This strategic move underscores Hexagon’s commitment to advancing mine productivity, safety, and autonomy through cutting-edge technology. Key Benefits of the Acquisition: · Enhanced Mine Safety: indurad’s advanced radar-based collision avoidance systems mitigate risks in high-stakes mining environments. · Increased Productivity: Real-time ore tracking and measurement help automate mine workflows,
Read more →

Paragon Systems, Inc. concludes settlement related to U.S. Government investigation

Securitas
 — 
2024
.
11
.
14
As previously announced, Securitas has set a provision of MUSD 53 which was accounted for in the third quarter 2024 related to the U.S. Government investigation into Paragon Systems Inc., a U.S. based subsidiary within the business unit Securitas Critical Infrastructure Services. The settlement is now concluded at MUSD 52. In addition, other costs related to the investigation totals approximately MUSD 1. The settlement amount will be paid throughout 2025. Further information: Investors: Micaela Sjökvist, VP Group Investor Relations; +46 76 116 7443, micaela.sjokvist@
Read more →
All News & Reports
SV | EN
Birger Jarlsgatan 13
|
111 45 Stockholm
|
|