Standard&Poor's said today that its ratings and outlook on Sweden-based security services company Securitas AB (BBB+/Stable/--) will not be affected by the company's announced acquisition of Netherlands-based security company VNV Beveiliging B.V. for Swedish krona 1 billion ($95.5 million). This acquisition is a positive fit for Securitas' expansion strategy, and the ratings continue to give credence to the ability of management to lower Securitas' net debt to capital to about 40%-50% in the medium to long term. (Net debt to capital is currently about 60% including operating leases).