Securitas has acquired the security companies Rentsec and Vamsa in South Africa. Total enterprise value is estimated at about 90m South African rand (£6m).
Rentsec and Vamsa have together annual sales of about £2.5m (40m rand) and 50 employees. The two companies, with the same owners, work together on remote video and other security applications for the South African and the regional market. They have operations in Johannesburg and Cape Town, and can deliver services on a national and regional scale.
According to Securitas the acquisitions strengthen its position in South Africa as an integrated security solutions provider. Today, Securitas has over 3 500 employees in South Africa, with operations in guarding, mobile, alarm monitoring, technology, forensics and risk management services. Visit: www.securitas.com
