Caverion Denmark has entered into an agreement to acquire the security company BS Sikring og Elteknik ApS. The company has an annual turnover of approximately DKK 22 million and 14 employees.
The acquisition supports Caverion's strategy of sustainable growth and at the same time strengthens the company's position within security solutions in Denmark.
BS Sikring og Elteknik is headquartered in Aarhus, Denmark with a supporting site in Greve. With 17 years of experience in security solutions, BS Sikring og Elteknik specialises in delivering secure and reliable solutions within access control (ADK), burglar alarm (AIA) and video surveillance (TVO), and has built long-term customer relationships throughout the country.
The acquisition follows Caverion Denmark's acquisition of GK Danmark's service business and is another important step in the development of Caverion's technical service business in Denmark, including a targeted strengthening of the security area:
“BS Sikring og Elteknik contributes with strong specialized security competencies and solid customer relationships to the Caverion-family. With our current security business and the addition of BS Sikring og Elteknik, we are increasing our capacity, geographical coverage and competencies within the security area. This makes us an even stronger partner for our current and future customers", says Carsten Sørensen, CEO Denmark, EVP.
For BS Sikring og Elteknik, the acquisition means new opportunities for growth within the current framework:
“We look forward to becoming part of Caverion. This gives us a strong foundation to further develop and grow our business, while maintaining our identity, our customer base and our way of working," says Bjarne Christiansen, co-owner of BS Sikring og Elteknik.
"The technological development within security is evolving rapidly, with solutions increasingly becoming digital, integrated and data-driven. By becoming part of Caverion, we are even stronger in terms of developing and delivering modern technical security installations for our customers", concludes Michael Bødker Grynnerup, co-owner of BS Sikring og Elteknik.
The completion of the transaction is subject to regulatory FDI approval.