Gunnebo Security Group
|Type||Publicly traded limited company|
|Traded as||OMX: GUNN|
|Key people||Per Borgvall (Predident & CEO)|
|Revenue||€610 million (2014)|
|Employees||5,600 (January 2014)|
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.
Gunnebo has its roots in the village of Gunnebo in south-east Sweden, where Hans Hultman created a forge in 1764. 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. 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.
|Presso Industrier AB||1994||Sweden|
|CS Security (Ritzenthaler/Haffner)||2001||France|
|Grand Entrance Control||2008||Australia|
|API Security/Physical Security Division||2010||Australia|
|Gateway do Brazil (80%)||2011||Brazil|
In the USA and Eurozone, 80% of transactions are still made using cash. 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 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). 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 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 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.
Gunnebo AB has subsidiaries in 33 countries:
- New Zealand
- South Korea
Europe, Middle East, Africa
- Czech Republic
- South Africa
- United Arab Emirates