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Image header Agence Europe
Europe Daily Bulletin No. 9593
Contents Publication in full By article 30 / 40
GENERAL NEWS / (eu) eu/competition

01/02/2008 (Agence Europe) - On Thursday 31 January, the European Commission gave its green light to plans by the private fund EQT V Ltd (Channel islands) to buy the Swedish company Securitas Direct AB. Their activities overlap in the field of the installation and maintenance of alarms and tele-surveillance and intervention services in Finland. However, ISS and Securitas Direct are not close rivals: their client bases are not the same (businesses and households) and the cumulative share of the market in the household segment is very small. There are, furthermore, several other international businesses and small, local companies present on the security market in Finland. The Commission's investigation also revealed few obstacles to entry onto this market. (O.L.)

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