Loomis AB (OTCMKTS: LOIMY) is a leading cash handling and secure logistics company offering comprehensive cash management solutions. Headquartered in Stockholm, Sweden, Loomis delivers specialized services that span the storage, processing and transportation of cash and valuables. Serving a broad customer base including financial institutions, retailers and government agencies, the company focuses on mitigating risks associated with cash logistics through secure armored vehicles, high-tech vaults and advanced cash processing centers.
The company’s core services encompass cash-in-transit (CIT) operations, ATM and cash-point management, retail cash solutions and value-added services such as cash recycling and deposit automation. Loomis equips its vehicles with state-of-the-art security features and employs trained personnel adhering to rigorous safety protocols. Complementing its transportation services, the company operates a network of secure facilities for cash processing, counterfeit detection and reconciliation, enabling clients to optimize cash cycles and reduce operational costs.
With operations spanning Europe, North America and Latin America, Loomis maintains a significant presence in key markets including Sweden, the United Kingdom, France, Germany, the United States, Canada and Mexico. Its global footprint is supported by proprietary IT systems that provide real-time monitoring and reporting, enhancing transparency and efficiency across all service offerings. Long-standing relationships with central banks, commercial banks, retailers and large corporations reflect Loomis’s reputation for reliability and security in cash management.
Tracing its roots back to the mid-19th century in Sweden, Loomis’s modern form emerged in 2008 following a strategic transaction that combined its domestic operations with the European cash services business of a major U.S. bank. The company is governed by a Board of Directors and led by a management team based in Stockholm, with an ongoing focus on innovation, operational excellence and sustainable growth. Loomis continues to invest in technology and employee training to address evolving industry challenges, including cash digitization trends and security risks.
AI Generated. May Contain Errors.