SERIS announces acquisition of Polish security leader KONSALNET, continuing its international expansion with ambitions for development in Central Europe.
SERIS, the leading French independent security group, announces the acquisition of the company KONSALNET, leader in the Polish security market. This takeover brings the Group’s workforce to more than 40,000 employees and enables it to surpass €700 million in annual turnover. With this acquisition, SERIS joins the Top 10 of security business companies on a worlwide basis.
On 31 May 2019, SERIS finalised the purchase of 100% of the security activities of the company KONSALNET (excluding their Cash in Transit activity) owned by the V4C Eastern Europe Fund.
This acquisition was concluded after obtaining the necessary authorisations from the competent authorities. The current management team of KONSALNET remains in place and is fully committed to further development of the business.
With 10% of market share, KONSALNET is the Polish market leader with 18,500 employees and generating a turnover of over €200 million. Its activities include guardind, monitoring, mobile security and other complementary services such as cleaning. By joining SERIS, KONSALNET’s activities have strengthened the Group’s expertise.