Loomis AB completed the acquisition of Kipfer-Logistik.

Loomis AB, a Swedish cash handling company, completed the acquisition of Kipfer-Logistik, a company that specializes in temperature-controlled transport and storage in the pharmaceutical and healthcare sectors. Financial terms were not disclosed. "This acquisition accelerates the growth of Loomis Pharma by integrating a well-established Swiss logistics company specializing in high-security and temperature-controlled road freight transport. Together, we will provide our customers with an even more comprehensive range of services, thereby strengthening our market position," Aritz Larrea, Loomis President and CEO.