Announced
Completed
Financials
Sources
Tags
Completed
Express Courier / Parcels
Majority
Public
Acquisition
Single Bidder
Friendly
cash management services
Switzerland
Domestic
cash in transit
Synopsis
Loomis, a cash handling company, completed the acquisition of SecurePost from Swiss Post for CHF17,5m. "Through acquiring the cash handling operations of Swiss Post we gain a platform that allows us to further develop our service offering and value proposition in the Swiss market. We look forward to continuing to add value to our new and existing customers in Switzerland and proudly welcome all new employees and customers to Loomis", says Patrik Andersson, President and CEO of Loomis.
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