Vigilance can report that Securitas has acquired the security solutions companies Rentsec and Vamsa in South Africa with total enterprise value of approximately MSEK 57 (MZAR 90).
A spokesperson at Securitas said Rentsec and Vamsa had together annual sales of approximately MSEK 25 (MZAR 40) and 50 employees, adding the two companies, with the same owners, worked closely together focusing on remote video surveillance as well as a range of advanced security technology applications specifically suited for the South African and the regional market.
The company’s spokesperson said they had operations in Johannesburg and Cape Town, as well as the capability to deliver services on a national and regional scale.
It is said the acquisitions strengthen Securitas position in South Africa as an integrated security solutions provider.
Currently, Securitas has over 3 500 employees in South Africa, with operations in specialized guarding, mobile, alarm monitoring, technology, forensics and risk management services.
The acquisition is consolidated in Securitas as of October 1, 2013.