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  5. Loomis Acquires Nokas Värdehantering AB

M&A Deal Summary

Loomis Acquires Nokas Värdehantering AB

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

Acquisition Highlights
  • This is Loomis’ 1st transaction in the Safety/Security sector.
  • This is Loomis’ 5th largest (disclosed) transaction.
  • This is Loomis’ 1st transaction in Sweden.

M&A Deal Summary
Date 2020-01-17
Target Nokas Värdehantering AB
Sector Safety/Security
Buyer(s) Loomis
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

Stockholm, Sweden
Category Company
Founded 1852
Sector Financial Services
Employees21,000
DESCRIPTION

Loomis is a multinational company specializing in cash handling services, including cash-in-transit, cash management, ATM services, international valuables logistics, and payment solutions through its Loomis Pay platform. The Company traces its origins to 1852 and was established in its current form in 2008 following a spin-off from Securitas AB. Loomis is headquartered in Stockholm, Sweden.

DEAL STATS #
Overall 3 of 8
Sector: Safety/Security M&A 1 of 2
Type: Divestiture M&A Deals 3 of 5
Country: Sweden M&A 1 of 1
Year: 2020 M&A 1 of 2
Size (of disclosed) 5 of 6
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 M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2020 M&A 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 -
Mergr

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