LONDON: Croma Security Solutions Group plc (AIM:CSSG) has completed the acquisition of Meridian Securities System Limited, a well-established, family run locksmith business based in Horsforth, Leeds for a total cash consideration of £150,000, of which c.£135,000 is payable immediately, with a deferred element of c.£15,000 payable over the first 9 months. In a separate transaction,…
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Croma Security Solutions announces sale of Vigilant Security Scotland for £6.5mn
LONDON, UK: Croma Security Solutions Group plc (AIM: CSSG) has reached a conditional agreement to sell its subsidiary, Vigilant Security (Scotland) Limited (“Vigilant”), to M&W Security Limited for a total consideration of £6.5 million. The sale aligns with Croma’s strategic focus on its higher-margin businesses, Croma Locksmiths and Croma Security Systems. The proceeds from the…
Croma Security Solutions acquires Safeguard Ltd
LONDON, UK: Croma Security Solutions Group (CSSG), the total security services provider, announced the acquisition of the entire issued share capital of Safeguard Ltd for an upfront consideration of £0.53 million plus a deferred consideration of up to £0.08 million. Safeguard Ltd is a Manchester based locksmith business servicing the security needs of Cheshire and…