Securitas AB buys majority shares in security company Ave Lat Sargs

Privato aktivu parvalde has attracted a world-class security services company - Securitas AB - its security enterprise Ave Lat Sargs. Securitas has purchased 65 % of the Ave Lat Sargs, thus becoming the largest shareholder of the company.
Securitas AB is a global leader in the field of security services, which, after closing this transaction,is operating in 50 countries worldwide, employing more than 295,000 employees.
PAP continues to strengthen its partnership for its investment portfolios with a new international player attraction to the Latvian market. We are happy to congratulate Securitas AB as our partner at Ave Lat Sargs. We believe that our cooperation will be valuable to both the company and the entire security service market in Latvia as a whole,"
points out Edgars Šķenderis, Member of the Board of PAP.
–Privato aktivu parvalde