Securitas Finalizes Sale of Airport Security Operations in France to Local Management
Securitas Completes Divestment of Airport Business in France
Securitas, a global security services provider, has announced the successful completion of its divestment of the airport security business in France. The company has transferred the operations to local management, specifically the WO Group, which has a robust reputation in the French aviation sector. This strategic move, finalized in March 2025, reflects Securitas's ongoing commitment to optimizing its business portfolio and enhancing its competitive edge in the security industry.
The full-year sales for the airport security segment in France were approximately 1.5 billion Swedish Krona (BSEK), but the operating margins for this segment fell below the average margins seen in Securitas's European operations. By divesting this portion of the business, Securitas aims to focus on its core operations and areas with more promising growth potential.
Magnus Ahlqvist, the President and CEO of Securitas, expressed satisfaction with the divestment, emphasizing the expertise of WO Group and their capacity to take the business to new heights while prioritizing the welfare of clients and employees alike. "This transaction is crucial for us as we continually assess our business mix and presence within the market," said Ahlqvist. "Our goal is to strengthen our performance and ensure our long-term competitiveness."
The implications of this divestment are expected to be minimal regarding Securitas's overall balance sheet and cash flow, indicating a strategic rather than financially motivated decision. Securitas is keen on pursuing opportunities that align with its vision of being a leader in the security industry globally.
As the aviation sector continues recovering from the disruptions caused by the pandemic, the transfer of airport security services to WO Group represents an opportunity for enhanced operations and service quality. WO Group, with its local management expertise, is poised to respond proactively to sector-specific challenges and opportunities.
Securitas remains committed to a comprehensive evaluation of its various business segments, ensuring that strategic divestments support its growth objectives while allowing for a focused approach toward enhancing services in sectors that promise a robust return on investment. This move underscores a broader trend within the security industry, where companies are realigning their services to better cater to market demands and operational efficiencies.
Investors and clients alike will be closely monitoring how this divestment will impact Securitas's portfolio and future endeavors. The management team is confident that with WO Group at the helm of the airport operations, the transition will be smooth, benefiting all parties involved.
In conclusion, Securitas's divestiture of its French airport security business marks a significant step in its strategic reconfiguration, aimed at reinforcing its market position while fostering growth through collaboration with experienced local entities in the aviation market.