Loomis AB acquires Via Mat Holding AG
Loomis has entered into an agreement to acquire 100 per cent of the shares in Via Mat Holding AG. Via Mat is based in Zürich, Switzerland, and is one of the world’s leading companies in international valuables logistics. The enterprise value is approximately CHF 200 million corresponding to approximately SEK 1.45 billion.
Loomis offers safe and effective comprehensive solutions for the distribution, handling and recycling of cash for banks, retailers and other commercial companies via an international network consisting of almost 400 branch offices in 16 countries. Loomis has 20 000 employees and annual revenue of SEK 11 billion. Loomis is a midcap listed company on NASDAQ OMX Stockholm.
Loomis is being advised by Mannheimer Swartling in the transaction. The firm’s team includes Hans Petersson, Aleksander Ivarsson and Jens Agö (merger control matters).