Garda Group has announced that it has successfully completed the acquisition of Heras, with the transaction being closed after having received competition clearance.
The company notes that this marks an important milestone for both Heras and Garda Group, strengthening their combined expertise in perimeter security across Europe.
With Garda Group’s strong presence in the Nordics and Germany, and Heras’s well-established footprint in Western Europe, this acquisition will allow both companies to leverage their respective strengths to drive growth, innovation and shared commitment to sustainability.
Customers will benefit from an expanded portfolio of perimeter security solutions, technology and service capabilities.
The company notes that by joining forces with Heras, both will combine their strengths to enhance innovation, operational excellence and customer service, offering a broader range of high-quality security solutions across Europe.
Jon Ola Stokke, CEO, Garda Group commented: “We are delighted to welcome Heras and its skilled team to the Garda Group.
“Heras is a well-run, innovative company and our customers will benefit greatly from its recent investments in the capacity, quality and efficiency of its facilities.
“Heras also shares our focus on sustainability, working with partners throughout the value chain to reduce CO2 emissions and implement a more circular economy.
Stokke continued: “This acquisition provides us with new expertise, a broader product range and modern technical solutions, while complementing our Nordic presence, expanding our footprint into new territories such as the UK, Benelux and France, and providing our customers in Germany with perimeter security solutions alongside our existing technical security solutions.“
Emmanuel Rigaux, CEO, Heras expressed: “I am thrilled to see Heras join the Garda Group, on the back of our successful transformation.
“We are a strong match for the Garda Group and we are aligned with their corporate strategy, as well as vision and values.
“The Garda Group is at the forefront of technology and has developed leading concepts in mechanical security and service & aftermarket that we look forward to rolling out ourselves.
“In the future, we will leverage each other’s expertise, product portfolios and geographical reach, greatly benefitting our employees and customers.”
Rigaux concluded: “We will continue to build great places to work that are safe for all and serve our communities with the customer at the heart of our operations.”