Loomis makes its first acquisition in Slovakia

Loomis makes its first acquisition in Slovakia

Loomis has acquired the Slovakian cash handling company Fenix in its first
acquisition in Slovakia since entering the market in March this year. Fenix has
annual sales of approximately Euro 500,000 and is the county's third largest
operator.

Loomis' objective is to become one of the leading Slovakian operators, and plans
to reach this position both through acquisitions and organic growth.

-Fenix has been in the market for several years and has operations in 3
locations and provides na-tionwide coverage, says Lars Blecko, CEO of Loomis.

The cash handling industry in Slovakia comprises a number of smaller and middle
sized players.

-The relatively low degree of outsourcing within cash handling offers good
opportunities to grow in this market, Lars Blecko says.


For more information, please contact:
Lars Blecko +46 70 641 49 10



Loomis offers safe and effective solutions for the distribution, handling and
recycling of cash for banks, retailers and other commercial companies via an
international network consisting of more than 370 centres of operation in 12
European countries and in the US. Loomis has 20 000 employees and a turnover of
11 billion Swedish kronor. Loomis is a mid-cap listed company on NASDAQ OMX
Stockholm.