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Spanish entry through acquisition

Sector Alarm announces the acquisition of the Spanish company Alarma Universal with approximately 3,100 residential and SME customers.
“We have a strong belief in the Spanish market”, CEO Jørgen Dahl says, “and through this acquisition we will be positioned to take part in one of Europe’s most rapidly growing markets”.

The Spanish market is characterized by a few large players followed by numerous smaller players. The penetration rate including SMEs is assumed to be around 5% and Spain has close to 20 million private households and many SMEs.

The ambition in Spain is to grow both by further acquisitions, but more importantly through own sales force and a Spanish Managing Director will soon be operative.

Further information about Alarma Universal can be found at their website: www.alarmauniversal.com

For further questions please contact CFO Eystein Lund.

Contact and further information: Eystein Lund, CFO at Sector Alarm Holding A/S
Email: eystein.lund@sectoralarm.com
Mobile number: +47 906 02 127

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