FARMINGTON, Conn., July 31 /PRNewswire-FirstCall/ -- UTC Fire & Security today announced that it has completed the sale of its Australian guarding and mobile patrols businesses including Chubb Security Personnel Pty Ltd, Chubb Mobile Services Pty Ltd and MSS Security Group Pty Ltd. The businesses have been sold to Security and Intelligence Services (India) Limited, an experienced security services company based in India. The company first announced its intention to divest these businesses last year. Financial details of the transaction were not disclosed. UTC Fire & Security is a unit of United Technologies Corporation (NYSE: UTX).
UTC Fire & Security will continue to offer electronic security solutions in Australia through Chubb Electronic Security and Chubb Home Security; transport customer valuables throughout Australia through its cash logistics business Chubb Security Services; and provide a full range of fire detection, suppression and fire fighting products and services through its Chubb Fire Safety business.
UTC Fire & Security is a global provider of fire safety and security solutions serving more than one million customers worldwide. United Technologies Corp., based in Hartford, Conn., is a diversified company providing high technology products and services to the building and aerospace industries worldwide. For more information visit www.utcfireandsecurity.com.
SOURCE UTC Fire & Security
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