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Announced

Completed

Loomis completed the acquisition of SecurePost from Swiss Post for CHF17.5m.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Express Courier / Parcels

Majority

Public

Acquisition

Single Bidder

Friendly

cash management services

Switzerland

Domestic

cash in transit

Synopsis

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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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