The acquisition of Stanley Security is a major and expensive transaction in electronic security. The acquisition price of $3,200m (SEK29.2bn) will be funded by debt and an equity rights issue of $915m (SEK8.3bn) in 2022 so that net debt and gearing will increase significantly. On the operational side, it is positive and enables Securitas to reach an important milestone in its strategy of doubling sales in electronic security and security solutions where growth and margins are higher than in guar ....
09 Dec 2021
Major and expensive acquisition in electronic security
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Major and expensive acquisition in electronic security
- Published:
09 Dec 2021 -
Author:
Hélène Coumes -
Pages:
3
The acquisition of Stanley Security is a major and expensive transaction in electronic security. The acquisition price of $3,200m (SEK29.2bn) will be funded by debt and an equity rights issue of $915m (SEK8.3bn) in 2022 so that net debt and gearing will increase significantly. On the operational side, it is positive and enables Securitas to reach an important milestone in its strategy of doubling sales in electronic security and security solutions where growth and margins are higher than in guar ....