Securitas

May 17, 2022

Update on timing of Securitas acquisition of Stanley Security

The acquisition of Stanley Security is conditional upon regulatory approval and customary closing conditions and is now expected to close during the third quarter 2022. On December 8, 2021, Securitas announced it had signed an agreement to acquire the Electronic Security Solutions business from Stanley Black & Decker Inc.(“Stanley Security”) for a purchase price of MUSD 3 200 on a debt and cash free basis. The regulatory approval processes, which were initially communicated to be expected to be finalized during the first half year of 2022, are still ongoing and it is now expected that the

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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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16
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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07
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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28
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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