Loomis signs 4 year agreement with Bankernas Automatbolag

| Source: Loomis AB Loomis AB 

Loomis signs 4 year agreement with Bankernas Automatbolag

 

The cash handling company Loomis has signed a strategically important
four-year agreement inSwedenwith the newly founded BAB Bankernas
Automatbolag, to provide approximately fifty percent of Automatbolag's
ATM machines with cash. Also included in Loomis' assignment is the
counting of cash and certain emergency servicing of the machines. The
value of the order amounts to slightly more than MSEK 500 over the
entire 4 year period of the agreement. BAB has the option of extending
the agreement by a period of two years. The agreement is in effect from
September 30, 2011.

BAB Bankernas Automatbolag was founded in September 2010 by Danske Bank,
Handelsbanken, Nordea, SEB and Swedbank, and is successively taking over
the management of the owner banks' approximately 2,700 withdrawal and
deposit ATMs.

3.10.2011

Lars Blecko
President and CEO
Cell number: +46 70 641 49 10

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