Loomis acquires Brinks’ cash handling operations in Great Britain

Loomis AB, which is Securitas’ cash handling services division, has through its subsidiary Loomis 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