Loomis — M&A Activity 2010

Mar 31, 2010

Press Release

For more information, please contact: Lars Blecko, CEO +46 70 641 49 10

Stockholm, March 31, 2010

Loomis acquires 1st Armored, Inc. CIT operations in US

Loomis Armored US, Inc., fully owned subsidiary of Loomis AB, has agreed to acquire the assets and customers contracts from 1st Armored, Inc. based in Michigan and a fully owned subsidiary of Firstbank Corporation.

Loomis will acquire the customer contracts for customers based in Michigan along with taking on the 1st Armored employees. The acquired contracts will add a yearly sale of approximately \$1,000,000 USD.

"Through this acquisition, we will be able to further enhance our presence in the northern part of our Michigan market service area with our existing customer base while also being able to provide enhanced services such as SafePoint to customers in markets we previously did not service", says Loomis' CEO Lars Blecko.

The acquired business will be consolidated in Loomis as of April 1st 2010 and will be integrated in Loomis' US subsidiary.

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 branch offices in 12 European countries and in the US. Loomis has 20 000 employees and a turnover of 12 billion Swedish kronor. Loomis is a midcap listed company on NASDAQ OMX Stockholm.