Securitas: Loomis Acquires Brinks’ Cash Handling Operations in Great Britain
August 6th, 2007 Leave a comment Visited 41 times, 1 so far today
Securitas: Loomis Acquires Brinks’ Cash Handling Operations in Great Britain
Loomis AB, which is Securitas’ (STO:SECUB) cash handling services division, has through its subsidiary Loomis UK Limited acquired Brinks’ cash handling operations in Great Britain. Purchase price is approximately MSEK 15 (MGBP 1.1).
The Brinks’ cash handling operations in Great Britain consists of 350 employees, whereof 260 in England and 90 in Scotland. The operation has annual sales of approximately MSEK 180 (MGBP 13) and comprises of cash transportation and ATM services.
The acquisition will be consolidated in Loomis as of 6 August 2007.
This press release is also available at: www.securitas.com
This information was brought to you by Cision http://newsroom.cision.com
Contacts
Securitas AB
Gisela Lindstrand
Senior Vice President Corporate Communications
and Public Affairs
Tel: +46 8 657 7332 / +46 70 287 8662
or
Loomis AB
Thomas Backteman, Communications Manager, +46 70 971 1266
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