Loomis acquires 1st Armored, Inc. CIT operations in US


Loomis acquires 1st Armored, Inc. CIT operations in US

Loomis Armored US, Inc., fully owned subsidiary of Loomis AB, has agreed to
acquire the assets and customers contracts from 1st Armored, Inc. based in
Michigan and a fully owned subsidiary of Firstbank Corporation.

Loomis will acquire the customer contracts for customers based in Michigan along
with taking on the 1st Armored employees. The acquired contracts will add a
yearly sale of approximately $1,000,000 USD.

“Through this acquisition, we will be able to further enhance our presence in
the northern part of our Michigan market service area with our existing customer
base while also being able to provide enhanced services such as SafePoint to
customers in markets we previously did not service”, says Loomis' CEO Lars
Blecko.
  
The acquired business will be consolidated in Loomis as of April 1st 2010 and
will be integrated in Loomis' US subsidiary.

For more information, please contact:
Lars Blecko, CEO
 +46 70 641 49 10

Loomis offers safe and effective solutions for the distribution, handling and
recycling of cash for banks, retailers and other commercial companies via an
international network consisting of more than 370 branch offices in 12 European
countries and in the US. Loomis has 20 000 employees and a turnover of 12
billion Swedish kronor. Loomis is a mid-cap listed company on NASDAQ OMX
Stockholm.

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