Loomis acquires assets from the Finnish cash handling provider Ponsec


Loomis acquires assets from the Finnish cash handling provider Ponsec

Loomis Suomi Oy, fully owned subsidiary of Loomis AB, has agreed to acquire
assets and customer contracts from the Finnish cash handling provider Ponsec
Finland Oy.

Loomis will acquire safes and vaults, together with customer contracts for cash
deposits in 17 shopping malls spread across Finland. The acquisition does not
include any take over of employees, but will support and constitute a base for
refinement of Loomis' existing operations in Finland. 

- Through the acquisition we establish our position as one of the two largest
cash handling companies on the Finnish market. To acquire safes and vaults in
shopping malls is consistent with our strategy to at a larger extent offer our
customers technically advanced safety solutions as a complement to cash
transports, which constitutes our core business, says Loomis' CEO Lars Blecko.

The acquired business will be consolidated in Loomis as of June 1st 2009 and
will be integrated in Loomis' Finnish subsidiary.

For more information, please contact:
Lars Blecko +46 70 641 4910





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
12 billion Swedish kronor. Loomis is a mid-cap listed company on NASDAQ OMX
Stockholm.

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