Loomis establishes new agreement with Lidl

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Loomis Sverige AB has signed an agreement with Lidl regarding cash management services for all of Lidl’s stores in Sweden. The agreement is in effect for a period of two years with a possible extension, and includes both secure transportation and cash processing services. The annual contract value is approximately MSEK 7 and the contract comes into effect on 1 December 2010.

- We are very satisfied that we have now signed an agreement with Lidl for two years after the company had previously terminated their cooperation with Loomis in Sweden to work with another secure transportation services provider. We feel deeply satisfied and pleased to have Lidl, once again, as one of our clients, states Patrik Högberg, Managing Director, Loomis Sverige AB. 

09.12.2010

Patrik Högberg
Cell number: +46 70 640 94 71

Lidl is one of the most successful foodstuff companies within the retail trade in Europe, with a strong traditon of expansion and a large number of stores throughout all of Europe. Lidl’s business concept and key to its success is simple: Lidl purchases and sells its goods with the goal of being able to offer its customers daily produce of the best quality at the lowest price. The first stores in Sweden opened in 2003 and Lidl has, since that time, continued to consistently challenge the established chains and to decrease food prices. Each week hundreds of thousands of Swedes choose to shop wisely when they shop at one of Lidl’s 150 stores throughout the country. 

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 13 European countries and in the US. Loomis has 20 000 employees and a turnover of 12 billion Swedish kronor. Loomis is a midcap listed company on NASDAQ OMX Stockholm.

 Loomis AB discloses the information provided herein pursuant to the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 13.20 p.m. (CET) on December 9th , 2010.