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AddSecure acquires Contal Security to secure growth and broaden its offering

Press Release   •   Nov 13, 2017 10:00 GMT

Contal Security's CEO Claes Åhlström and AddSecure's CEO Stefan Albertsson closing the agreemeent with a handshake.

The acquisition will broaden AddSecure’s offering, especially towards alarm recieving centers and municipalities in the alarm sector, as well as further strengthen AddSecure’s position as a leading European provider of secure critical communications.

AddSecure, a leading player in the secure critical communications sector, today announces the acquisition of Contal Security, a leading Swedish supplier of solutions for digital in- and outward alarm transmission and integrated security systems.

For both companies the merger creates valuable new opportunities to generate revenues, expanding product offerings and services, and jointly developing new products.

“Contal’s well respected expertise in digital in- and outward alarms and integrated security systems and AddSecures knowledge in secured critical communications is a powerful combination. The acquisition is a logical move that will further strengthen AddSecure’s business”, says Stefan Albertsson, CEO of AddSecure.“We are confident that this deal will bring a broader product offering, greater support and additional value to our joint customers.”

“Contal and AddSecure are both well-established brands that provide customers with premium products and services, and the combination will create a stronger business both in size and range of services, as well as ensure future expansion. In addition to an extended offering, customers will benefit from the stability that comes from a larger global supplier”, says Claes Åhlström, CEO of Contal Security.

Contal’s current CEO, Claes Åhlström, will take on the responsibility as business developer and will report directly to AddSecure’s CEO, Stefan Albertsson.

About AddSecure
AddSecure is a leading player in the secure critical communications sector. We provide more than 40 000 customers and partners around Europe with secure communications solutions within monitored alarms and critical IoT communications. Our solutions, which help save lives, protect property and secure vital societal functions, are flexible, easy to install and help boost our customers' competitive edge.
Active since the early 1970s, AddSecure has extensive experience within the security industry and a tradition of adapting to market needs. This enables us to provide our customers with the best solutions for tomorrow’s security challenges.
The company has regional offices and a network of distributors across Europe and employs around 160 staff. AddSecure is part of the AddSecure Group, owned by Abry Partners. Other companies in the AddSecure Group are Chiron, a leading provider of advanced Alarms over IP (AoIP) and Smart Grid Networks, a provider of smart solutions for power network automation and digital communication within the utilities sector. For more information, please visit www.addsecure.com