Company type | Public (Aktiebolag) |
---|---|
Nasdaq Stockholm: LOOM B | |
Industry | Security, cash transport, banking/ATM services |
Founded | 1997 | (as Loomis, Fargo & Co.)
Headquarters | |
Area served | Europe and United States[1] |
Products | Cash handling, banking, cash transit, ATM services[1] |
Parent | Securitas AB (2001–2008) |
Website | www.loomis.com |
Loomis AB (formerly Loomis, Fargo & Co.) is a Swedish cash handling company. The modern company was formed in 1997 by the consolidation of two armoured security concerns, Wells Fargo Armored Service and Loomis Armored Inc. Their international network covers over 200 operating locations in the US and eleven Western European countries.
In the US, Loomis operates an electronically linked service network of nearly 200 operating locations, employs over 8,000 people and utilizes a fleet of approximately 3,000 armored and other vehicles to provide secure armored transport, automated teller machine (ATM) services, cash processing and outsourced vault services for banks, other financial institutions, commercial and retail businesses. It was a division of Securitas AB from 2001 to 2008, when it was listed at Nasdaq OMX Stockholm.[2][3]