About Us
"Loomis provides innovative, efficient and highly secure cash collection, delivery and cash processing services using the most advanced security and technological solutions available."
Loomis offers a wide range of integrated solutions for cash handling. These services, which mainly target banks, multi-location retailers, stores and other commercial enterprises, provide secure, efficient management of the physical flow of cash in our customers’ businesses. Loomis operates in Europe and the US. with annual sales in excess of MSEK 11,000.
Services
Loomis offers end-to-end cash management solutions which include secure transportation, cash management, ATM and technical services (specialised service and maintenance of ATMs). Loomis’ high quality, cost-effective solutions greatly reduce the risk to the customer’s employees. Loomis strives to increase efficiency in the public flow of cash through its innovative integrated solutions. Our comprehensive services are available in the USA as well as Europe.
Risk Management is the core business
Risk management is a central component in all of Loomis’ services. Managing risks for customers with different needs and protecting employees and property adds customer value. That is why an understanding and appraisal of all risks to the public flow of cash and the management and control of these risks play a central role in our company. Quality risk management is Loomis’ most critical success factor.
Market
Loomis has operations in 13 countries: the US, Sweden, Norway, Finland, Denmark, UK, France, Austria, Slovenia, Slovakia, Switzerland, Spain, and Portugal. Despite its international scope, Loomis operates very locally in practice. Our just over 20,000 employees work in more than 370 branch offices. However our extensive international presence is an important asset, contributing a considerable amount of collective expertise in cash handling from different parts of the world.
Business model
Well-functioning public markets require a smooth flow of cash. Buyers and sellers need access to currency to exchange services and products, and having the right amount of cash in the right place at the right time characterises efficient economies.
Formal responsibility for providing bills and coins to a country or region belongs to the central bank, but other players, such as Loomis, can manage the flow of cash.
Vision and business model
Loomis’ vision is to manage the public flow of cash. The public flow of cash is complex and includes players and operators such as buyers and sellers, banks, cash handling centers, and ATMs, along with activities such as cash transportation, processing, storage, and recycling.
Crucial player in the public flow of cash
The public flow of cash starts in national central banks and continues via local banks or external cash handling centers. From there, the cash flows in several directions, mainly via consumers who use ATMs and then spend cash in stores, which then re-deposit cash in centers where the money is stored or redistributed. On several occasions along the way, the cash must be counted, sorted, packaged, and transported. Loomis strives to increase efficiency in this flow with its innovative and comprehensive integrated solutions.
Business Priorities
- Deliver service excellence
- Improve our environment
- Reduce our carbon footprint
- Employ a diverse workforce
- Empower employees
- Customer, public & employee safety
- Risk identification & mitigation
- Mitigate risk and maintain compliance
- Reduce cost
- Maximise revenue
