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Securitas has agreed to acquire 85 percent of the shares in the security services company Adria Ipon Security in Bosnia and Herzegovina.
The agreement includes an option of acquiring the remaining 15 percent.
Adria Ipon Security, with about 200 employees, is located in the city of Mostar in the south west of Bosnia and Herzegovina. The company is primarily operating in guarding services. The customers are mainly banks, gas stations, public trading enterprises and public administration buildings.
In December 2010 Securitas entered the security services market in the Balkans country.
The acquisition is consolidated in Securitas AB as of January 1, 2011.
