Securitas To Become Top Security Supplier In Argentina

April 20, 2007

As part of the strategy to grow the business in Latin America, Securitas in Argentina has entered into an agreement to acquire 100 percent of the shares in Seguridad Argentina S.A.

Seguridad Argentina S. A. is one of the four major players in security services in Argentina with 2.500 employees. The contract portfolio includes security services in the major Argentinean airports. Included in the acquisition is also one of a few authorized guard training centers.

With this acquisition Securitas will be the leading security services supplier in Argentina with approximately 7.000 employees.

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