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Loomis M&A Activity 2010

Jan 4, 2010

2940_rns_2010-01-04_b2328d45-4725-4c2e-8bd2-e7b3c901be69.pdf

M&A Activity

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

Stockholm, January 4, 2010

Loomis acquires Hammond Services CIT operations

Loomis Armored US, Inc., fully owned subsidiary of Loomis AB, has agreed to acquire the assets and customers contracts from Hammond Services based in Idaho.

Loomis will acquire the customer contracts for customers based in the states of Idaho and Montana along with taking on some of their employees. The acquired contracts will add a yearly sale of approximately \$ 750,000 USD.

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

The acquired business will be consolidated in Loomis as of January 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 11 billion Swedish kronor. Loomis is a midcap listed company on NASDAQ OMX Stockholm.