M&A Deal Summary

Loomis AB Acquires Nokas Värdehantering AB

On January 17, 2020, Loomis AB acquired safety/security company Nokas Värdehantering AB from Avarn Security for 80M SEK

Acquisition Highlights
  • This is Loomis AB’s 1st transaction in the Safety/Security sector.
  • This is Loomis AB’s 4th largest (disclosed) transaction.
  • This is Loomis AB’s 1st transaction in Sweden.

M&A Deal Summary

Date 2020-01-17
Target Nokas Värdehantering AB
Sector Safety/Security
Buyer(s) Loomis AB
Sellers(s) Avarn Security
Deal Type Divestiture
Deal Value 80M SEK

Target

Nokas Värdehantering AB

Hagersten, Sweden
Nokas Värdehantering AB is a deployer of ATMs. Nokas Värdehantering is based in Hagersten, Sweden.

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Buyer(S) 1

Buyer

Loomis AB

Stockholm, Sweden

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 3 of 6
Sector (Safety/Security) 1 of 2
Type (Divestiture) 3 of 5
Country (Sweden) 1 of 1
Year (2020) 1 of 2
Size (of disclosed) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-02 Dunbar Armored - Global Logistics operations

United States

Dunbar Armored - Global Logistics operations is a provider of transportation services.

Buy $4M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-26 Automatia Pankkiautomaatit Oy

Helsinki, Finland

Automatia Pankkiautomaatit Oy operates the largest ATM network in Finland, under the Otto brand, and also offers nationwide cash supply services for bank branches, night safes for retailers and a digital platform for operating instant payments. Automatia Pankkiautomaatit was founded in 1994 and is based in Helsinki, Finland.

Buy €42M

Seller(S) 1

SELLER

Avarn Security

Gothenburg, Sweden

Category Company
Sector Safety/Security
DESCRIPTION

Avarn Security is a provider of security and cash handling services for companies, public organizations and individuals. Avarn Security is based in Gothenburg, Sweden.


DEAL STATS #
Overall 1 of 1
Sector (Safety/Security) 1 of 1
Type (Divestiture) 1 of 1
Country (Sweden) 1 of 1
Year (2020) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-23 Prevent 360 Turvallisuuspalvelut Oy

Espoo, Finland

Prevent 360 Turvallisuuspalvelut Oy is a provider of comprehensive security solutions. Prevent 360 Turvallisuuspalvelut was founded in 1990 and is based in Espoo, Finland.

Buy -