Loomis to acquire Oregon Armored Service, Inc.

 | Quelle: Loomis AB Loomis AB 

Loomis to acquire Oregon Armored Service, Inc.

 

Loomis has agreed to acquire the shares of Oregon Armored Service, Inc. based
inPortland,Oregonin theUSAeffective December 31, 2011.

Loomis will acquire all of the operations and customers along with hiring the
Oregon Armored Service, Inc. employees. The acquired contracts will add yearly
revenue of approximately 6 MUSD.

“Through this acquisition, we will be able to further strengthen our presence in
the State ofOregon. In addition we will also be able to provide enhanced
services such as Loomis SafePoint to customers in a market we previously did not
service”, says Loomis’ CEO Lars Blecko.

The acquired business will be consolidated in Loomis as of January 1st 2012 and
will be integrated in Loomis'USsubsidiary. The purchase price is 5.7 MUSD and
will have an estimated positive impact on EPS in 2012 of 0.1 SEK per share.

28.12.2011

Lars Blecko
VD och Koncernchef

070-641 49 10

Anhänge