Home » Business » Estonian USS Grupp acquires Securitas security business in Estonia and Latvia – Market News

Estonian USS Grupp acquires Securitas security business in Estonia and Latvia – Market News

Estonian USS Grupp acquires Securitas security business in Estonia and Latvia

USS Grupp, which brings together companies engaged in real estate management, administration and security services in Estonia, is acquiring the security services business in Estonia and Latvia from Securitas, one of the world’s largest security companies.

In accordance with USS Group OÜ un Securitas AB signed on Monday, November 16, USS Group becomes 100% owner Securitas companies in Estonia and Latvia. The parties have agreed that the amount of the transaction will remain confidential.

USS Group Member of the Board Tarmo Keskila (Tarmo Keskküla) said that Securitas The acquisition of the security business in Estonia and Latvia will promote the development of the security services market in the Baltic States and increase competition in this sector. “With this deal USS Group enters the Latvian security and guard business market for the first time. Group company USS Security has been the fastest growing security company in Estonia in recent years. Our goal is to expand our operations in Latvia as well. The transaction will also allow the introduction and use of a new single brand to make optimal use of the overall potential of the companies, ”explained T. Keskila.

Latvian company Securitas customers, all existing contracts will remain in their current form and the transaction will not result in any change in the contractual relationship. In addition, the new owner does not plan to make any significant changes in the near future Securitas structure and staffing. “Securitas the staff are great professionals in their field and I am pleased that we will continue to move forward as a team. Combining USS Security IT solutions and Securitas team’s know-how in the field of digitization, its many years of global experience and expertise in the field of security technologies, we will be able to offer our customers the best solutions and excellent service, ”said T. Keskila.

About the company:

USS Group Ltd brings together companies engaged in real estate management, administration and security services in Estonia. The group includes the company USS Security Estonia AS (security and safety services), Ermesia OÜ (real estate management and administration services), Techno Life OÜ (full automation services for smart homes and commercial buildings).

USS Security Estonia AS has been the fastest growing company in the Estonian security market in recent years, introducing a number of innovative security solutions, such as the sharing of economic ideas; USS Drive a patrol platform, a security service with drones, an intelligent solution that allows you to give up the use of keys in the hotel sector, as well as many others. At this time USS Security employs more than 900 staff.

Securitas is one of the world’s largest security companies, operating in 57 countries, with a total of approximately 370,000 employees. In Estonia and Latvia Securitas has more than 600 employees. The Baltic States Securitas provides mainly combined security solutions, technical security and guards, patrol services and security advice.

USS Group

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.