Gunnebo Security Group
 |
|
| Publicly traded limited company | |
| Traded as | OMX: GUNN |
| Industry | Security |
| Headquarters | Gothenburg, Sweden |
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Area served
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Worldwide |
|
Key people
|
Henrik Lange (President & CEO) |
| Products | Cash Management Entrance Security Safes & Vaults Electronic Security |
| Revenue | €660 million (2015) |
|
Number of employees
|
5,500 (January 2016) |
| Website |
www.gunnebogroup.com www.gunnebo.com |
Gunnebo (OMX: GUNN) is a multinational corporation headquartered in Gothenburg, Sweden, specialising in security products, services and solutions mainly in the areas of cash management, entrance security, electronic security and safes & vaults.
The Gunnebo Group has operations in 32 countries with approximately 5,500 employees (Jan 2016) and a reported global revenue of €660 million for 2015.
Gunnebo has been listed on the in Sweden since 1994 and can be found on the NASDAQ OMX Nordic Exchange Stockholm in the Mid Cap Industrials segment.
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. This company later became known as Gunnebo Industries.
In 1991 HIDEF Kapital AB was formed by the Swedish government as one of eight venture capital companies charged with investing in Swedish companies suffering from the national financial crisis. HIDEF became a listed company on the Swedish Stock Exchange in 1994 and one year later took the name of one of its acquisitions, Gunnebo Industries, to become Gunnebo AB (aktiebolag).
At this point Gunnebo began a series of major acquisitions and bought several companies focused on security from sectors such as safes & vaults, cash management, entrance security and electronic security (see section below).
In 2005, Gunnebo Industries and its traditional fencing business was divested from Gunnebo AB.
In 2006, the 30 or so acquisitions made between 1994-2004 were brought fully under the umbrella of Gunnebo to create sales companies in 29 different markets around the globe. As the Group developed in growth markets, these were added to through the creation of Gunnebo China (2010), Gunnebo Brazil (2011), Gunnebo Malaysia (2011) and Gunnebo South Korea (2013).
The Gunnebo Group owns several major brands within the field of security.
Cash management 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 management encompasses products for cash transfer, cash desposit, cash recycling, coin roll dispensing and the management of cash handling processes.
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Wikipedia