Fredon Security has been acquired by Securitas, the world leading protective services provider with the ambition to lead the industry into the next generation of intelligent security solutions.
The sale was announced on December 11, 2019 and finalised on January 9, 2020.
Fredon Security was founded in 2012 as a division of the Fredon Group, specialising in high-end electronic security solutions including system design, engineering, installation, commissioning and maintenance. Approximately 110 employees located across Melbourne, Canberra, Brisbane, Perth and Sydney will join Securitas along with Fredon Security Managing Director, Danny Berkovic.
“I am excited to join the Securitas family who have shown demonstrable leadership in the global security market and identified electronic security as a key focus area for future growth in Australia. Joining Securitas will provide excellent opportunities for our clients and team of outstanding professionals. I look forward to the journey in the years to come with a continued focus on our clients’ success and new opportunities,”
Danny Berkovic, Managing Director of Fredon Security.
The sale will see Fredon Security transition and rebrand to Securitas by 2022, during which time Fredon Group will continue to support Fredon Security.
“It is with great pride I hand over the ownership of Fredon Security to Securitas and I am convinced we have found a good new home for our clients and employees. We look forward to a strong future and cooperation with Securitas with an enhanced service offering to Fredon Group’s clients.”
Alan Lipman, Fredon Group Chairman
Fredon will continue to provide our multi-services offering of Electrical, HVAC, Technology, Asset Services, Mining & Industrial, Infrastructure and Security services, in partnership with Securitas.