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Loomis full-year report January - December 2019

As the nation proceeds with a phased reopening of many businesses, Loomis continues to maintain 100% of its branch operations. At Loomis, operating 'business as usual' is a top priority that is necessary to meet the needs of our customers.

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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