Stay updated with breaking news from Stanley Security. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
/PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) today announced it has signed a definitive agreement for the sale of most of its Security assets to...
Sweden's Securitas said on Wednesday it had agreed to buy U.S. rival Stanley Black & Decker's electronic security solutions business for $3.2 billion in its biggest acquisition to date.
Sweden's Securitas will buy the electronic security solutions division of US group Stanley Black & Decker for $3.2 billion, its biggest acquisition ever, it said on Wednesday.
The acquired business, known as Stanley Security, is expected to generate revenue of nearly $1.7 billion this year.
The transaction includes Stanley Black & Decker's Commercial Electronic and Healthcare Security business lines.