Loomis rises 8% following completion of Cima acquisition -October 2, 2023 3:10 p.m.

Loomis AB is a Sweden-based holding company that offers a range of cash handling solutions primarily for financial institutions, retailers, other commercial enterprises and the public sector. The offering covers Cash in Transit services, including cash transport services primarily used by banks and business entities and operated by fleets of vehicles transporting cash to and from retailers, banks, safes and ATMs, and cash-in-transit service areas from Cash Management, such as counting, analysis, planning, reporting as well as authenticity and quality control of banknotes and coins. The company has more than 200 cash processing centers. The company operates through a network of 400 branches in many countries, including Argentina, Austria, Czech Republic, Denmark, Finland, France, Norway, Portugal, Slovenia, Slovakia, Spain, Switzerland, Turkey, the United Kingdom and the United States. The company operates VIA MAT Holding AG and Intermarketing Oy as subsidiaries.

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Maxwell Quinn

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