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Securitas AB to Acquire ISS' Security Services Operations in Netherlands-DJ

Friday, 7 Jun 2013 06:01am EDT 

Dow Jones reported that Securitas AB has agreed with ISS Facility Services to acquire the commercial security services business contracts and assets of ISS Facility Services in the Netherlands. ISS' security services operation in the Netherlands has annual sales of approximately SEK 315 million (EUR 37 million) and 800 employees. The acquisition is subject to approval from the competitions authorities in the Netherlands, which is expected to be completed in the beginning of July 2013.