Loomis completes the acquisition of Prosegur Cash in France
On April 4, 2019 Loomis AB announced that Loomis French subsidiary had entered into an agreement to acquire 100 percent of the shares of Prosegur Cash in France. The acquisition was completed on July 22, 2019.
Loomis offers safe and effective comprehensive solutions for the distribution, handling, storage and recycling of cash and other valuables. Loomis customers are banks, retailers and other operators. Loomis operates through an international network of more than 400 branches in more than 20 countries. Loomis employs around 25,000 people and had revenue in 2018 of SEK 19.2 billion. Loomis is listed on Nasdaq Stockholm Large-Cap list.
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