Loomis acquires Nokas Värdehantering in Sweden
Loomis AB has, through the wholly owned subsidiary Loomis Sverige AB (Loomis Sverige), entered into an agreement to acquire 100 percent of Nokas Värdehantering AB (Nokas Värdehantering), a subsidiary of Nokas Kontandthåntering AS in Norway. The enterprise value, i.e. purchase price plus acquired net debt, is approximately SEK 80 million. Nokas Värdehantering has approximately 220 employees and annual net revenue, for the last twelve months ending in September 2019, was approximately SEK 215 million. The current operating margin, EBITA1), is negative. The business will be reported
