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Securitas Direct AB (publ) (STO:SDIR) 15 September 2008
The Norwegian Competition Authority has approved Securitas Direct's acquisition of Hafslund's home alarms business in Norway. All contractual requirements have now been fulfilled.
The approval means that Securitas Direct's Norwegian subsidiary, Securitas Direct AS, will acquire all the shares in Hafslund Sikkerhet and its legal entities Hafslund Sikkerhet Privat AS and Hafslund Boligteknikk AS. The business has 200 employees serving 75,000 customers and had net sales of NOK 260 million in 2007.
For further information please contact: Dick Seger, President and CEO Securitas Direct, +46 708 218 817 Michael Peterson, Investor and Media Relations, +46 733 221 814
Securitas Direct is a leading provider of high-quality security services to homes and small businesses. Our success is based on a strong growth focus, scalable concepts and highly developed local entrepreneurship. The Group operates in nine European countries: Norway, Sweden, Finland, Denmark, Belgium, the Netherlands, France, Spain and Portugal. In 2007 Securitas Direct reported net sales of SEK 3,816 million, operating profit of SEK 275 million and net customer portfolio growth of more than 15 percent. The Group had 1,000,000 customers at 30 June 2008.
