Press Releases & News
Loomis makes strategic acquisition in the US by acquiring Burroughs
Loomis AB has, through its wholly owned subsidiary Loomis US Holding Inc, entered into an agreement to acquire 100 percent of Burroughs, Inc for an initial purchase price of USD 72 million (SEK 695 million) on a cash and debt free basis, plus a potential earn-out. The acquisition is in line with Loomis' communicated strategy to broaden its ATM and Automated Solutions service offering by acquiring new capabilities.
Loomis Selects Netradyne to Improve Fleet Safety of Armored Trucks
Loomis Selects Netradyne to Improve Fleet Safety of Armored Trucks
Loomis acquires Hosteltáctil, a Spanish POS provider
Loomis AB acquires Hosteltáctil, a Spanish POS developer, to expand digital solutions in Spain, enhancing market presence and growth opportunities.
Loomis completes the acquisition of CIMA
On July 18, 2023, Loomis AB announced that it had entered into an agreement to acquire CIMA S.p.A. The acquisition was completed on October 2, 2023.
Loomis has issued SEK 1,000 million of Sustainability-Linked Bonds
Loomis AB (publ) has successfully issued SEK 1,000 million of sustainability-linked bonds. The bonds are issued with four-year maturity with maturity date on the 19th of May 2027. SEK 650 million of the new bonds have a floating interest rate of 3-month Stibor plus 1.95 percentage points. And SEK 350 million have a yearly fixed rate coupon at 4.923%. The proceeds will be used for general corporate purposes and to refinance loans.
Loomis publishes Annual and Sustainability Report for 2022
Loomis’ Annual Report and Sustainability Report for 2022 is now available online.
Loomis orders 150 electric armored vehicles from Xos for the US market
Loomis has signed an agreement with Xos, Inc. (NASDAQ: XOS) for the delivery of 150 armored electric vehicles (EVs) for the US market. By the end of 2022, Loomis had 20 armored EVs in the US from the same supplier, that successfully met the high-performance requirements in terms of safety, range and weight.
Loomis U.S. Raises $12,000 for Breast Cancer Awareness Month
Loomis U.S. Raises $12,000 for Angels Surviving Cancer, a Houston-Based Non-Profit for Breast Cancer Awareness Month
Loomis U.S. Welcomes Björn Züger as New President and Chief Executive Officer
Loomis U.S. Welcomes Björn Züger as New President and Chief Executive Officer - Press Release
Loomis Update on Hurricane Ian
Loomis is closely monitoring the projected path of Hurricane Ian as it continues to gain strength on its trek towards the western part of Florida.
Loomis US Launches New Career Site to Attract and Engage with Candidates
Loomis US launches new career site to engage with candidates among the labor shortage.
Loomis acquires SecurePost, the cash handling business of the Swiss Post Group
Loomis AB has, through its wholly owned subsidiary Loomis Schweiz AG (Loomis Switzerland), entered into an agreement to acquire certain assets and liabilities of SecurePost AG (SecurePost), a subsidiary of Die Schweizerische Post AG (Swiss Post Group). The transaction scope includes all relevant customer contracts, employees and operational assets. New commercial agreements with other entities of the Swiss Post Group have been agreed and will be in effect as of closing of the transaction. The enterprise value is approximately CHF 17.5 million.
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