USS Grupp, which brings together companies engaged in real estate management, administration and security services in Estonia, acquires security services business in Estonia and Latvia from one of the world’s largest security companies Securitas.
USS Grupp becomes a 100% owner Securitas companies in Estonia and Latvia. The parties have agreed that the amount of the transaction will remain confidential.
USS Grupp board member 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 transaction, USS Grupp enters the Latvian security and guard business market for the first time. The 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 employees are great specialists in their field, and I am glad that we will continue to move forward as a united 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.
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