News

Gunnebo’s divestment of Perimeter Protection business finalized

15.09.2011 - Gunnebo announced that the company had signed an agreement with Procuritas Capital Investors IV regarding divestment of the business within Perimeter Protection. All conditions rel...

Gunnebo announced that the company had signed an agreement with Procuritas Capital Investors IV regarding divestment of the business within Perimeter Protection. All conditions related to the divestment have been fulfilled and the transaction is now finalized. The purchase sum is based upon an Enterprise Value of MEUR 22.

Gunnebo remains with a ten-percentage ownership and financing of MEUR 10, whereof MEUR 6 is long-term.

The transaction is estimated to have a marginal effect on the Group's capital gain/loss.

Perimeter Protection has 400 employees and annual net sales of approximately MEUR 70. The operations primarily entail the production and sale of, and projects relating to, high security products, gates, fencing, posts and related service in Germany, France, Sweden, Norway, Denmark, Finland and a number of export markets.

Contact

Perimeter Protection Germany GmbH

Johann-Reineke-Straße 6-10
33154 Salzkotten
Germany

+49 5258 500 70
+49 (0) 5258 4164

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The trade magazine GIT SICHERHEIT is celebrating its 30th anniversary in October

Infos for the 30 Year GIT SICHERHEIT issue

Mediakit

Media Kit GIT SECURITY 2020 - Media Kits all publications

Download