Swedish group swoops for Clear Image
A £5m-turnover Batley-based provider of electronic security services has been acquired by a global player in the sector.
Gunnebo Security Group, headquartered in Sweden, has completed the acquisition of Clear Image, a privately owned family business founded in 1997.
Clear Image's customer base includes leading cash in transit companies, banks and retailers. It employs a 60-strong workforce.
"The acquisition of Clear Image is a perfect fit for Gunnebo," said Gunnebo chief executive Per Borgvall. "It enhances our strong existing security offering and opens up new opportunities for us on the UK market within some of our core customer segments."
Clear Image will be consolidated into Gunnebo's accounts from October 2014 and will have a positive impact on the group's result for the year.