Loomis is expanding its co-operation with Bankomat AB – now responsible for 2,000 ATMs
Loomis has expanded its co-operation with bank-owned, Bankomat AB, in Sweden, meaning that Loomis will manage all of Bankomat AB’s approximately 2,000 ATMs. Loomis already had the responsibility for managing approximately 1,000 ATMs on the basis of a four-year agreement signed during autumn 2011. This new, extended agreement, runs for a further four years.
In addition to replenishing the ATMs and the counting of cash, Loomis will also provide certain emergency servicing of the machines. The value of this new agreement is approximately MSEK 100 per year, which means that the total order value amounts to MSEK 200 on an annual basis. The extended agreement will contribute an increase in revenue during 2013 of slightly more than half of the annual order value.
Bankomat AB (previously known as BAB, Bankernas Automatbolag) was established in September 2010 by Danske Bank, Handelsbanken, Nordea, SEB and Swedbank and has, since that time, successively taken over the management of the owner banks’ approximately 2,000 withdrawal and deposit ATMs, under the brand name Bankomat.
– We chose to use Loomis as our supplier because their services meet our requirements for full national coverage, service and flexibility. We look forward to a productive, long-term co-operation with Loomis, states Stefan Bergelind, Managing Director at Bankomat AB.
– Together with Bankomat AB, we have developed a detailed plan for phasing in the management of these new ATMs into our organization. We have worked hard to adapt both vehicle routes and personnel resources, states Patrik Högberg, Country President at Loomis Sverige AB.
The base for Loomis’ operations is a safe, secure, reliable and efficient handling of the cash and valuables in society. In order for all links in the cash handling chain to work together, Loomis has established cash centers in 12 locations throughout Sweden. Our customer base is comprised of all types of companies and organizations in need of cash handling services.
20.12.2012
Patrik Högberg Lars Blecko
CEO, Loomis Sverige AB Country President and CEO, Loomis AB
Phone number: 46 8 522 246 26 Phone number: 46 70 641 49 10
Loomis offers safe and effective comprehensive solutions for the distribution, handling and recycling of cash for banks, retailers and other commercial companies via an international network consisting of almost 400 branch offices in 16 countries. Loomis has 20 000 employees and annual revenue of 11 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 2.50 p.m. (CET) on December 20th, 2012.
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