Securitas, the world’s leading intelligent protective services partner, has agreed to acquire Tepe Güvenlik A.S., a leading electronic security company in Turkey. Through this acquisition, Securitas becomes number two in the monitoring market in Turkey, and the acquisition is in line with the Group’s strategy of doubling its security solutions and electronic security sales by 2023. The purchase price is approximately MEUR 10 (MSEK 100) on a debt-free basis. In 2020, Tepe Güvenlik’s annual sales were approximately MEUR 8.5 (MSEK 85), of which more than 70 percent were on a recurring monthly
