About Securitas AB
Securitas AB (publ) operates as an intelligent security solutions partner.
The company serves a wide range of customers in a variety of industries and customer segments. Its protective services, developed together with its customers, are designed to incorporate a high degree of technology content.
The company has a leading global and local market presence with operations in 46 countries. The company serves a wide range of clients of all sizes in a variety of industries and segments. Security solutions based on client-specific needs are built through different combinations of on-site, mobile and remote guarding, electronic security, fire and safety, and corporate risk management.
In July 2021, the company acquired Protection One, the German market leader specializing in remote technology-driven security solutions and electronic security. The company also acquired Tepe Güvenlik, a leading electronic security company in Turkey.
Offerings
The company has the most comprehensive protective services portfolio in the industry. The company continuously innovates its offerings with solutions tailored to its clients’ businesses and needs. This enables the company to pursue partnerships where it develops in tandem with its clients.
The company’s security services are managed and coordinated through Securitas Operations Centers (SOC), where operators can quickly address its clients’ security needs. The information gathered by the company’s SOCs provides its clients with high-quality security around the clock, along with analytics, analysis and client reports.
Security Solutions
Security solutions are a combination of services, such as on-site and/or mobile services and/or remote services. These services are combined with a technology component in terms of equipment owned and managed by the company and used in the provision of services. The equipment is installed at the customer site.
Corporate Risk Management
Combining cutting-edge technology with top security intelligence, the company’s global network of experts covers every risk. The company’s risk experts are some of the most knowledgeable in the industry, identifying and protecting all areas that threaten your business and its operations.
On-Site Services
The company’s on-site security officers protect properties, assets, staff, and residents in private or public environments. They are trained to detect, deter, and respond to risks and incidents.
Mobile Services
The company provides mobile guarding services, where one security officer serves multiple clients within a limited geographical area.
Remote Services
The company’s remote services are standardized, cost-effective, and combines specially trained security officers with innovative technology.
Electronic Security
Electronic security consists of the sale of alarm installations comprising design and installation. Remote guarding, in the form of alarm monitoring services, which is sold separately and not as part of a security solution, is also included. Electronic security also includes maintenance services, and to a limited extent, product sales (alarms and components) without any design or installation.
Fire and Safety
The company provides certified safety services, including fire prevention, first aid, evacuation assistance, and emergency planning adapted to each industry.
Segments
The company operates through three business segments: Security Services North America, Security Services Europe, and Security Services Ibero-America. In addition, the company conducts operations in Africa, the Middle East, Asia, and Australia, which are included under the heading Other.
Security Services North America
Security Services North America provides protective services in the U.S., Canada, and Mexico. The operations in the U.S. are organized in four specialized units – Guarding, Electronic Security, Pinkerton Corporate Risk Management and Critical Infrastructure Services.
Security Services Europe
Security Services Europe provides protective services in 22 countries.
Security Services Ibero-America
Security Services Ibero-America provides protective services in seven Latin American countries, as well as in Portugal and Spain in Europe.
Other
All other operating segments comprise the operations in Africa, the Middle East, Asia, and Australia.
Strategy
The company’s strategies are to continue to drive sales with the help of its client excellence program in all markets; strengthen its relationship with its global clients, using common tools, reporting processes and key performance indicators (KPIs); specialize and modernize its guarding operations; strengthen its solution sales leadership and build momentum with the help of best practice sharing between its business segments to accelerate its solutions journey; execute and invest in its global growth and acquisitions in line with the electronic security strategy; continue developing and generating returns on its intelligent services and risk prediction capabilities; and invest in IT and business transformation programs.
Competition
The company’s main competitors are Allied Universal and Prosegur.
History
Securitas AB (publ) was founded in 1934. The company was incorporated in 1987.