Loomis acquires CPoR Devises in France
Loomis AB has, through a wholly owned subsidiary, entered into an agreement to acquire 100 per cent of the shares in CPoR Devises (“CPoR”) in France. CPoR is part of the Tessi group that is listed on Euronext, Paris. CPoR is a French credit institution and is mainly a supplier of foreign currency (FX) but also physical gold for investment purposes. The FX services include wholesale purchase and sale of banknotes for banks and currency exchange offices, currency purchase and sale for bank branches as well as secure transport service for collection and delivery of banknotes to bank