An update from Croma Security Solutions ( (GB:CSSG) ) is now available.
Croma Security Solutions Group has acquired Benn Lock & Safe, a Peterborough-based locksmith and security provider, for £200,000. This acquisition is strategic for Croma, as it consolidates its presence in Peterborough by merging Benn Lock & Safe with its existing branch, creating cost savings and synergies. The move aligns with Croma’s growth strategy of expanding its national security network by acquiring local locksmith businesses. Benn Lock & Safe, with its established reputation and expertise, will enhance Croma’s service offerings and strengthen its market position.
More about Croma Security Solutions
Croma Security Solutions is an expanding technology-led security solutions provider with over 50 years of experience, offering high-quality security solutions across locksmith, fire, and security services for both domestic and commercial environments. The company operates a network of 17 security centres across the UK, serving sectors such as health, education, leisure, entertainment, and utilities. Croma is focused on establishing a national security network and is known for acquiring local locksmith businesses to integrate into its modern security centres.
Average Trading Volume: 7,618
Technical Sentiment Signal: Sell
Current Market Cap: £11.88M
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