Loomis acquires the assets from the French cash handling company Keepway
Loomis AB, Securitas’ cash handling division, has acquired the assets of Keepway, the subsidiary of the French payment and document processing solutions provider Tessi SA. The purchase price is approximately MSEK 41 (MEUR 4.3).
Loomis will acquire cash transports, cash centres and ATM activities, including branches in Lognes, Paris, Marseille, Toulouse, Lyon and Saint Etienne. The operations have annual sales of MSEK 74 (MEUR 7.8) and approximately 130 employees.
Loomis in France will after the acquisition have total sales of approximately MSEK 2,600 (MEUR 270) and about 4,100 employees.
The acquisition will be consolidated in Loomis AB as of June 30, 2008.
This press release is also available at: www.securitas.com
Gisela Lindstrand, Senior Vice President Corporate Communications and Public Affairs,
Securitas AB, mobile +46 70 287 8662
Securitas is a knowledge leader in security. By focusing on providing security solutions to fit each customer's needs, Securitas has achieved sustainable growth and profitability in more than 30 countries in North America, Latin America, Europe and Asia. Everywhere from small stores to airports, our 250,000 employees are making a difference.
Securitas AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instrumets
Trading Act. The information was submitted for publication at 15.00 (CET) on June 27, 2008
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