Announced
Completed
Synopsis
GardaWorld-backed Sesami, a tech-enabled cash ecosystem solution integrator that will operate as an independent entity, completed the acquisition of cash management business of Gunnebo, a global provider of security products, services and software. Financial terms were not disclosed. “This divestment enables us to further focus on our core business and accelerate on our strategy and ambitious growth plans. With increasing market demand in an ever-changing world giving rise to new needs for entrance control and safe storage solutions, we want to grow our business through innovation and digitalization, working closely with our current and future customers on satisfying their needs,” Stefan Syrén, Gunnebo President and CEO.
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