Loomis AB is a global specialist in secure cash handling, valuables logistics, and payment solutions. The company operates as a critical intermediary in the cash ecosystem, ensuring the safe and efficient flow of physical currency between central banks, commercial banks, retailers, and consumers. Loomis's business model is built on charging fees for the secure transportation, processing, and storage of cash and valuables, as well as providing automated retail solutions and digital payment platforms.
The company's revenue is primarily generated through three main service lines: Cash in Transit (CIT), which involves the secure armored transportation of cash and valuables (accounting for approximately 36% of revenue); Cash Management Services (CMS) and ATM services, which include counting, authenticating, sorting, and storing cash, as well as replenishing ATMs (ATM services account for about 21% of revenue); and automated solutions like SafePoint (17% of revenue), which provide retailers with secure, closed-loop cash handling systems. Additionally, Loomis offers international valuables logistics for cross-border transport of precious metals and foreign currency, and has expanded into digital payments with Loomis Pay, an end-to-end payment platform for merchants.
Geographically, Loomis operates a decentralized model across more than 20 countries, with its revenue broadly split between the United States (approximately 52%) and Europe and Latin America (48%). The company's competitive position is underpinned by its extensive international network of over 400 branches, its specialized fleet of armored vehicles, and its highly secure cash centers. By combining physical logistics with advanced cash management technology, Loomis maintains a significant market share in the global cash handling industry.
