Securitas AB (publ) provides security services.
Products and Services
The company offers a comprehensive range of security solutions tailored to meet the diverse needs of its clients across various industries and regions. The company’s product and service offerings are designed to provide effective and efficient security solutions that ensure the safety and protection of clients' assets, employees, and operations. Below is a detailed description of the primary products and services offered by...
Securitas AB (publ) provides security services.
Products and Services
The company offers a comprehensive range of security solutions tailored to meet the diverse needs of its clients across various industries and regions. The company’s product and service offerings are designed to provide effective and efficient security solutions that ensure the safety and protection of clients' assets, employees, and operations. Below is a detailed description of the primary products and services offered by the company:
On-Site Guarding
On-site guarding is one of the core services provided by the company. This service involves the deployment of security personnel at client locations to provide physical security and ensure the safety of the premises. The company’s on-site guards are trained to handle various security situations and are equipped with the necessary skills and tools to perform their duties effectively. On-site guarding services are customized to meet the specific needs of clients, ensuring that they receive the highest level of protection.
Mobile Guarding
Mobile guarding services involve the use of mobile security units to patrol client premises and provide a visible security presence. These services are designed to complement on-site guarding and provide additional security coverage. Mobile guards conduct regular patrols, perform security checks, and respond to alarms and incidents. The company’s mobile guarding services are flexible and can be tailored to meet the unique security requirements of clients.
Remote Guarding
Remote guarding services leverage advanced technology to provide security monitoring and response from a remote location. This service involves the use of surveillance cameras, sensors, and other security technologies to monitor client premises in real-time. Remote guards can quickly respond to incidents and coordinate with on-site personnel or law enforcement as needed. This service offers a cost-effective security solution for clients who require continuous monitoring and rapid response capabilities.
Technology Solutions
The company invests heavily in advanced security technologies to enhance its service offerings. The company’s technology solutions include surveillance systems, access control, alarm systems, and data analytics. These technologies are integrated with traditional security services to provide a comprehensive and effective security package. The company’s technology solutions are designed to offer clients state-of-the-art security capabilities that meet their evolving needs.
Fire and Safety Services
The company’s fire and safety services are designed to help clients protect their assets and ensure the safety of their employees and customers. These services include fire risk assessments, fire safety training, and the installation and maintenance of fire safety equipment. The company’s expertise in fire and safety ensures that clients are well-prepared to prevent and respond to fire-related incidents, thereby minimizing potential risks and damages.
Corporate Risk Management
The company offers specialized services comprising comprehensive risk management solutions designed to help clients mitigate and manage various types of risks. The services include risk assessments, security consulting, crisis management, and business continuity planning. The company’s expertise in corporate risk management ensures that clients are well-prepared to handle any potential threats or disruptions to their operations.
Security Consulting and Risk Assessments
Security consulting and risk assessments are essential components of the company’s service offerings. The company provides expert advice and guidance to clients on how to improve their security posture and mitigate potential risks. The company’s security consultants conduct thorough risk assessments to identify vulnerabilities and recommend appropriate security measures. These services help clients develop effective security strategies and ensure that they are well-prepared to address any security challenges.
Specialized Security Solutions
In addition to its core services, the company offers specialized security solutions tailored to meet the unique needs of specific industries and client segments. These solutions include event security, executive protection, and specialized guarding services for critical infrastructure and high-risk environments. The company’s specialized security solutions are designed to provide clients with the highest level of protection and ensure the safety of their assets and personnel.
Integrated Security Solutions
The company’s integrated security solutions combine multiple security services and technologies to provide a comprehensive and cohesive security package. These solutions are designed to offer clients a seamless security experience that addresses all their security needs. The company’s integrated security solutions include the integration of on-site, mobile, and remote guarding with advanced technology solutions, such as surveillance systems, access control, and alarm systems.
Geographical Markets
The company operates in a diverse range of geographical markets, providing its comprehensive security solutions across multiple regions:
North America: The company serves the United States, Canada, and Mexico. The operations in the United States are organized into specialized units, including Guarding, Technology, and Pinkerton Corporate Risk Management.
Europe: The company operates in 21 countries, offering a wide array of protective services.
Ibero-America: The company serves six Latin American countries, providing a range of protective services similar to those offered in North America and Europe.
Recent Acquisitions and Divestitures
The company has been active in making strategic acquisitions and divestitures to enhance its service offerings and streamline its operations. Below are some key activities in this regard:
Acquisitions and Divestitures January–December 2023:
STANLEY Security (adjustments): Adjustments were made in Securitas North America and Securitas Europe.
Securitas Argentina (divestiture): The company divested its operations in Securitas Argentina, which was part of the Securitas Ibero-America segment. The divestiture was completed on July 25, 2023.
Other acquisitions and divestitures: Various other acquisitions and divestitures were made during this period, including entities, such as Draht+Schutz in Germany, Bewachungen ALWA (contract portfolio) in Austria, DAK in Türkiye, and Complete Security Integration in Australia. Additionally, there were deferred considerations paid in the US, Germany, Austria, Türkiye, Spain, and Australia.
Government Regulations
The company operates in a highly regulated industry, where compliance with government regulations is crucial to maintaining its operations and reputation. The company adheres to various local, national, and international laws and regulations that govern the security services industry. These regulations cover a wide range of areas, including licensing, employment practices, data protection, and health and safety standards.
Data Protection: The company handles sensitive client and employee data, and it is subject to data protection regulations such as the General Data Protection Regulation (GDPR) in Europe. The company has implemented robust data protection policies and practices to ensure the privacy and security of the data it processes.
History
Securitas AB (publ) was founded in 1934. The company was incorporated in 1987.