G4S Sicherheitssysteme GmbH is one of the five largest companies in the security systems market in Germany.  The company employs around 300 people and has twenty branches spread across Germany.  The focus is on the banking and finance sector as well as the retail sector.  Annual sales for 2007 amounted to approximately MEUR 34 with about one third in service agreements.  Securitas Systems’ German operation will, after the consolidation, have an approximate turnover of MEUR 64 and 560 employees.
The operation was consolidated into Securitas Systems’ accounts as of May 2008, depending on the German antitrust authority handling time.
“With the acquisition, we will be the number three player and the largest product independent systems integrator on the German market.  We will strengthen our service portfolio, reach critical volume and national coverage on the largest market in continental Europe,” says Juan Vallejo, President and CEO of Securitas Systems AB.