Loomis in brief
Loomis is the specialist at creating an efficient cash flow in society. We offer comprehensive solutions at all levels of society including financial institutions, retailers, other commerce related business, and the public sector. Our 20,000 employees operate at almost 400 branch offices spread across 16 countries.
The specialist at creating an efficient cash flow
Loomis has a great heritage and a long history of managing cash. The history of Loomis goes back 160 years, to the California gold rush. As the specialist at creating an efficient physical flow of cash, we know better than anyone else when, where and how much cash is needed.
Loomis ensures that cash circulates quickly and safely. Around year 2000 it could take up to three days for a banknote to be returned to circulation after having been used in trade. By finding optimal cash flow solutions, Loomis has substanially reduced that time.
The customers of Loomis are first and foremost to be found within the banking sector and the retail industry. The demand for efficient cash handling is high among central banks, large commercial banks, large ATM operators, large retail chains but also smaller enterprises.
We offer a wide range of solutions for cash in transit, CIT, cash management services, CMS and logistics for international services. Cash in transit remains our main source of income but a growing part of our profits is generated through cash management services. The demand for comprehensive solutions regarding cash flow differs significantly depending on the market maturity. In general, the cash management market has developed further in Europe than in other continents.
In May 2014, Loomis acquired VIA MAT Holding AG, one of the world’s leading companies in international valuables logistics. The acquisition enables Loomis to expand its service offering by adding International Services. International Services consist of three types of operations; cross border transportation of cash and precious metals, storage of valuables and general logistics solutions.
Loomis operates in 20 countries: Argentina, Austria, Brazil, the Czech Republic, Denmark, Dubai, Finland, France, Germany, Hong Kong, Norway, Portugal, Slovenia, Slovakia, Spain, Sweden, Switzerland, Turkey, the United Kingdom, and the United States.
Loomis operates in 20 countries and has 21,000 employees and about 400 branch offices. The headquarters of Loomis are located in Stockholm, Sweden.
Our Group Management consists of CEO, CFO, VP Risk Management, VP Growth, Presidents for the regions US, Northern Europe, Southern Europe, Nordics and Loomis International Services.
The Loomis Share
The Loomis Share (LOOM B) is listed on the Nasdaq OMX Stockholm Stock Exchange. Loomis is part of the Nordic Large Cap List.