Securitas: EU clears acquisition of Stanley Security

(CercleFinance.com) - The European Commission has cleared the acquisition of sole control of Stanley Black & Decker's electronic security business by Securitas of Sweden.


Stanley Security and Securitas are security service providers, both active in the installation and maintenance of electronic surveillance equipment and alarm monitoring and response services.

Securitas also provides human surveillance services.
The transaction involves a number of horizontal and non-horizontal links between the companies

The Commission concluded that the proposed acquisition would not give rise to competition concerns in any of the horizontally affected markets, in particular because of the buyer power enjoyed by certain customers.


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