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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Hexagon acquires Xwatch to strengthen its construction safety portfolio

Hexagon
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2024
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04
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23
Hexagon, the global leader in digital reality solutions, combining sensor, software and autonomous technologies, today announced the acquisition of Xwatch Safety Solutions. Xwatch provides machine control hardware and software technologies designed to enhance safety protocols on construction sites. This includes height control, slew control, and rated capacity indication (RCI) for heavy machinery, allowing operators to limit an excavator's height and set side boundaries to define a working zone, significantly increasing safety around a machine. Xwatch has previously partnered with Hexagon’
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Changes to the Securitas Group Management team

Securitas
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2024
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04
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15
Greg Anderson, Divisional President North America, has decided to leave Securitas. Securitas is a world-leading safety and security solutions partner and provides outstanding services for our clients by combining our extensive presence with connected technology and intelligent use of data. Greg Anderson, Divisional President North America and member of Group Management, has decided to leave Securitas to pursue an opportunity outside the business. This change is effective immediately, and José Castejon, COO North America Guarding and member of Group Management, takes on the role of acting
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Hexagon appoints Maria Luthström and Gordon Dale as joint Presidents of its Autonomous Solutions division

Hexagon
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2024
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04
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08
Hexagon AB, the global leader in digital reality solutions, combining sensor, software and autonomous technologies, today announced the appointment of Maria Luthström and Gordon Dale as joint Presidents of the Autonomous Solutions (AS) division, effective 1 May 2024. Both will join the Hexagon Executive Management team, reporting directly to Paolo Guglielmini, President and CEO, Hexagon. Michael Ritter, the current President of AS, will retire at the end of 2024 following a transition period. AS, launched in 2022, combined the Autonomy & Positioning (A&P) and Mining divisions. A&P
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