Loomis completes acquisition of Automatia in Finland
As previously communicated on February 26, 2020, Loomis AB has entered into an agreement to acquire 100 percent of Automatia Pankkiautomaatit Oy (Automatia) from present owners Danske Bank, Nordea, and OP Financial Group. The transaction has now been approved by the Finnish Competition and Consumer Authority and closing has taken place today, 2[nd] December, 2020. “Automatia offers us know-how and experience in operating ATM services and digital payment systems. This is a great opportunity for us to expand our ATM outsourcing services. As its new owner, Loomis will continue to