M&A Deal Summary

Loomis AB Acquires CIMA

On July 18, 2023, Loomis AB acquired electrical equipment company CIMA for 132M EUR

Acquisition Highlights
  • This is Loomis AB’s 1st transaction in the Electrical Equipment sector.
  • This is Loomis AB’s largest (disclosed) transaction.
  • This is Loomis AB’s 1st transaction in Italy.

M&A Deal Summary
Date 2023-07-18
Target CIMA
Sector Electrical Equipment
Buyer(s) Loomis AB
Deal Type Divestiture
Deal Value 132M EUR

Target

CIMA

Villanova, Italy
website
CIMA S.p.A. is an Italian commercial motor manufacturer. CIMA was founded in 1977 and is based in Villanova, Italy.

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Buyer(S) 1

Buyer

Loomis AB

Stockholm, Sweden

website

Category Company
Founded 1852
Sector Business Services
Employees21,000
DESCRIPTION

Loomis AB is a provider of comprehensive solutions for cash handling primarily to banks and retailers.

DEAL STATS #
Overall 6 of 6
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 5 of 5
Country (Italy) 1 of 1
Year (2023) 1 of 1
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-30 SecurePost

Oensingen, Switzerland

SecurePost contributes, in addition to traditional cash in transit (CIT) and cash management services (CMS), with an installed base of some 1,300 smart safes that will be integrated into Loomis' Swiss SafePoint portfolio.

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