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Securitas sets provision related to U.S. Government investigation in Paragon Systems, Inc.

Sep 13, 2024•almost 2 years ago

Contract Type

agreement

ParsippanySecurity

Description

Securitas has set a provision of approximately MUSD 53 (MSEK 551) related to the U.S. Government investigation into Paragon Systems, Inc, a U.S.-based subsidiary within the business unit Securitas Critical Infrastructure Services.

Company Information

Company

Securitas

Location

Parsippany, New Jersey, United States

About

Securitas is a leading intelligent security solutions partner. Our guarding, electronic security, fire and safety, and risk management solutions enable more than 150,000 clients to see a different world. We are present in 47 markets and our innovative, data-driven approach makes us a trusted partner to many of the world's best-known companies. Our 345,000 employees live our values of integrity, vigilance and helpfulness, and our purpose is to help make your world a safer place. This information was brought to you by Cision http://news.cision.com https://news.cision.com/securitas/r/securitas-has-completed-the-acquisition-of-stanley-security,c3604381 The following files are available for download: https://mb.cision.com/Main/1062/3604381/1606831.pdf Closing Stanley_220722 SOURCE Securitas

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