New Britain, Connecticut, September 9th, 2011
Stanley Black & Decker (NYSE: SWK) (the “Company”), an S&P 500 global diversified industrial company, announced today that it has successfully completed its acquisition of Niscayah Group AB (publ) (OMX: NISC), a leading commercial security and monitoring company specializing in electronic security services and solutions based in Stockholm, Sweden. Stanley Black & Decker is paying SEK18.00 per share and SEK 0.05 per warrant in cash and the total transaction value including assumed financial debt is SEK7.6 billion (USD$1.2 billion).

“The completion of our acquisition of Niscayah is an important step in both the ongoing expansion of one of our key growth platforms – Convergent Security Solutions (CSS) – and the diversification of the Company’s operations and international presence,” said John F. Lundgren, President and Chief Executive Officer. “The addition of Niscayah to CSS enhances our ability to serve our customers by giving us...