An update from Croma Security Solutions ( (GB:CSSG) ) is now available.
Croma Security Solutions Group has acquired Meridian Securities System Limited, a family-run locksmith business in Leeds, as part of its strategic plan to expand its national network of security centers. This acquisition, valued at £150,000, will allow Croma to extend its reach and enhance its service offerings, particularly in the commercial sector where Meridian has struggled to meet demand. The integration of Meridian aims to increase profitability and geographic reach, aligning with Croma’s growth strategy bolstered by previous business sales.
More about Croma Security Solutions
Croma Security Solutions is a technology-led security solutions provider with over 50 years of experience, offering services in locksmith, fire, and security for both domestic and commercial sectors. The company operates a network of 17 security centers and serves various sectors, including health, education, and entertainment. Croma is focused on building a national security network and is known for acquiring and integrating local locksmith businesses into its modern security infrastructure.
YTD Price Performance: -1.16%
Average Trading Volume: 20,062
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £11.74M
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