Gunnebo Security Group

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Gunnebo Security Group
Type Publicly traded limited company
Traded as OMX: GUNN
Industry Security
Headquarters Gothenburg, Sweden
Area served Worldwide
Key people Per Borgvall (Predident & CEO)
Products Cash handling
Physical security
Electronic security
Entrance control
Revenue €610 million (2014)
Employees 5,600 (January 2014)
Website www.gunnebogroup.com

Gunnebo (OMX: GUNN) is a multinational corporation headquartered in Gothenburg, Sweden specialising in security solutions mainly in the areas of cash handling, physical security, electronic security and entrance control.

Gunnebo has operations in 33 countries with approximately 5600 employees (Jan 2014) and a reported global revenue of €610 million for 2013.[1]

Gunnebo has been listed on the Stockholm Stock Exchange in Sweden since 1993 and can be found on the NASDAQ OMX Nordic Exchange Stockholm in the Mid Cap Industrials segment.

History[edit]

Gunnebo has its roots in the village of Gunnebo in south-east Sweden, where Hans Hultman created a forge in 1764.[2] This small business grew steadily until the formation of Gunnebo Bruks Nya AB in 1889 and this company later became known as Gunnebo Engineering.

Gunnebo AB (aktiebolag) was founded in 1995 when investment company HIDEF Capital AB changed its name to Gunnebo AB after having acquired Gunnebo Engineering.[3] At this point the company chose to focus on security and began a series of major acquisitions (see below).

In 2005, Gunnebo Engineering was split off from Gunnebo AB.

Major Acquisitions[edit]

Major Acquisitions Year Country
Gnosjö Group 1994 Sweden
Rosengrens 1994 Sweden
Presso Industrier AB 1994 Sweden
Gunnebo Industrier 1995 Sweden
Italdis 1997 Italy
Wego 1997 Germany
Carl Seifert 1997 Denmark
Praediator 1998 N/A
Hygiaphone 1998 France
Garny 1998 Germany
Polaraidat 1998 Finland
Fichet-Bauche 1999 France
Rosengrens Austria 1999 Austria
T Kern 1999 Switzerland
Chubbsafes 2000 UK
Clausen 2001 Denmark
CS Security (Ritzenthaler/Haffner) 2001 France
Nurmi Trade 2001 Finland
Omega 2001 US
Leicher 2002 Germany
Riva 2002 Italy
Kubon 2003 Germany
Securibel 2004 Switzerland
Elkosta 2004 Germany
Lips Vago 2004 Italy
Chubb 2004 Belgium
Hammer Sicherheit 2004 Belgium
Gateway Security 2004 Sweden
Eurofence 2004 France
Aysec 2004 Finland
Grand Entrance Control 2008 Australia
API Security/Physical Security Division 2010 Australia
Alltech 2011 South Africa
Gateway do Brazil (80%) 2011 Brazil
Hamilton 2012 USA

Products[edit]

Cash Handling[edit]

In the USA and Eurozone, 80% of transactions are still made using cash.[4] Cash handling products provide security for those parties involved in the cash handling chain. Typically these include central banks, retail banks, retailers and cash-in-transit (CIT) companies.

Cash handling encompasses products for cash transfer, cash desposit, cash recycling, coin roll dispensing and the management of cash handling processes.

Physical Security[edit]

Physical security products include safes, safe deposit lockers and strongrooms. To determine the level of security provided by a safe or vault, there is a grading system from I-XII. A grade is always awarded by an independent body (European Certification Body).[5] Safes with grades up to III are typically used by retailers or in offices, whereas banks tend to use safes and vaults with much higher grades.

Safes can also be constructed to withstand fire and therefore can also carry a fire protection grade. This denotes the type of contents which can be protected (either paper or data media) and the duration of protection (half an hour, one hour or two hours).

Gunnebo markets its physical security products under three different brands: Chubbsafes, Rosengrens and Fichet-Bauche.

Electronic Security[edit]

Electronic security covers CCTV and remote surveillance systems, access control systems, such as smart card readers or fingerprint readers, and electronic locking systems. It also typically includes the integration of such systems with one another.

Entrance Security[edit]

Entrance security products include interlocking doors, turnstiles and other entrance systems which only allow entry to authorised individuals. These are used, for example, in mass transit public transport systems or at stadia to allow passage to only those people carrying a valid ticket. Entrance control is also used in airports to facilitate boarding and immigration control, and to prevent passengers returning from landside to airside.

Geographies[edit]

Gunnebo AB has subsidiaries in 33 countries:[1]

Americas

  • Brazil
  • Canada
  • Mexico
  • USA

Asia-Pacific

  • Australia
  • China
  • India
  • Indonesia
  • Malaysia
  • New Zealand
  • Singapore
  • South Korea

Europe, Middle East, Africa

  • Austria
  • Belgium
  • Czech Republic
  • Denmark
  • Finland
  • France
  • Germany
  • Hungary
  • Ireland
  • Italy
  • Luxembourg
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • South Africa
  • Spain
  • Sweden
  • Switzerland
  • UK
  • United Arab Emirates

References[edit]

  1. ^ a b "Gunnebo Annual Report 2013". Gunnebo AB. 
  2. ^ "Gunnebo Annual Report 2005". Gunnebo AB. 
  3. ^ Gunnebo. MediaSpjuth AB. pp. 145–149. ISBN 91-7000-229-0. 
  4. ^ "World Payments Report 2011". Cap Gemini, Royal Bank of Scotland. 
  5. ^ "Certification body". European Security Systems Association. 

External links[edit]