IN BRIEF: Mitie acquires Spanish security services firm Visegurity
7th Oct 2024 08:53
Mitie Group PLC - Glasgow-based engineering, security, and cleaning and hygiene services - Buys Grupo Visegurity, a security services provider based in Barcelona. Mitie will pay up to EUR11.0 million, including an initial EUR9.0 million and performance-linked deferred payments of up to EUR2.0 million. Visegurity recorded earnings before interest, tax, depreciation and amortisation of EUR1.5 million on revenue of EUR18.0 million in 2023. It employs 600 people and has a license to operate across Spain. Visegurity focuses on manned guarding, alarm response, and access control, Mitie says. Read More