Securitas

December 11, 2019

Securitas acquires leading electronic security company in Australia

Securitas is strengthening its client value proposition in the Australian security market through the acquisition of Fredon Security, a leading electronic security company in Australia. The purchase price is estimated to MAUD 32 (MSEK 210). Securitas has entered into an agreement to acquire Fredon Security, founded in 2012 as a division within Fredon Group, an Australian engineering and building services company. Fredon Security is specialized in high-end electronic security solutions including system design, engineering, installation, commissioning and maintenance. The company has

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ASSA ABLOY acquires PACLOCK in the US

Assa Abloy
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2026
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09
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ASSA ABLOY has acquired Pacific Lock Company (“PACLOCK”), a US padlock and security hardware manufacturer. "I am very pleased to welcome PACLOCK to ASSA ABLOY. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business,” says Nico Delvaux, President and CEO of ASSA ABLOY. "PACLOCK is recognized for delivering high-quality security products that combine reliability, durability, and innovation, backed by US-based manufacturing and exceptional customer service," says Lucas Boselli,
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Hexagon completes acquisition of ZG Technology

Hexagon
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2026
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09
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Hexagon has acquired the remaining 49 per cent of Wuhan ZG Automation Technology Co., Ltd ("ZG Technology"), bringing its ownership of the Wuhan-based 3D scanning specialist to 100 per cent. Hexagon acquired a 51 per cent majority stake in August 2021 and has consolidated ZG within its Manufacturing Intelligence Business Area since that time. Founded in 2014 and built on the photogrammetry and remote sensing disciplines of Wuhan University, ZG develops handheld 3D scanning technology, with a portfolio developed in-house and supported by its own software copyrights and patents. Its scanners
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Securitas AB upgraded to ‘BBB+’ by Standard & Poor’s Global Ratings

Securitas
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2026
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08
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Securitas AB was today upgraded to ‘BBB+’ with stable outlook. Based on lower leverage, strong performance and revised financial targets, S&P’s Global Ratings has upgraded its long-term credit rating on Securitas to ‘BBB+’ from ‘BBB’. The outlook is stable. Further information: Investors: Micaela Sjökvist, VP IR; +46 76 1167443, micaela.sjokvist@securitas.com
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