Securitas says it expects to finalize the $3.2 billion deal around July 22.

Stanley Black & Decker announced it has signed a definitive agreement for the sale of most of its security assets to Securitas AB for $3.2 billion in cash.

Securitas AB has promoted Tony Byerly to president, Global Electronic Security. Kevin Engelhardt has been promoted to president, Securitas Electronic Security Inc. and Electronic Security Business Leader for North America. 

Securitas, an intelligent protective services partner, has agreed to acquire Tepe Güvenlik A.S., an electronic security company in Turkey.

Securitas, intelligent protective services partner, has acquired Protection One, specializes in remote technology-driven security solutions and electronic security. The acquisition will enhance Securitas’ protective services capabilities in Germany.

The Grand’s expansive footprint, attractive location and various access points requires a comprehensive security solution that can provide peace of mind for guests and employees, and match the hotel’s modern and technology-forward aesthetic.

The board of directors of Securitas has resolved that the company will acquire its own series B shares on Nasdaq Stockholm.

SES approved anti-terror technology or services protected under the SAFETY Act are designed to deter, detect and delay the threat of terrorist activity, and include installation and integration services for electronic security; perimeter intrusion detection; access control and video surveillance systems.

The report looks at financial targets, target fulfillment, key performance indicators and overall goals of the company. 

The new brand highlights the company’s approach to security and the impact of its technology. It includes the first major update of the Securitas logo since 1972.