Securitas, an intelligent security services provider, has acquired Stanley Security, Stanley Black & Decker‘s electronic security business.

The acquisition of Stanley Security will create compelling sales growth for Securitas.

“This transformational acquisition makes us a strong provider of tech-enabled security solutions and a leading partner to our clients on a global scale. With our combined client proposition and strong sales structure, we expect to deliver higher, more profitable growth than before. We are extremely pleased that the acquisition is completed, and I want to welcome all of Stanley Security’s clients and employees into the Securitas Group,” says Magnus Ahlqvist, CEO of Securitas.