Loomis AB: Navigating the Complex World of Fund Transport
Loomis AB, a Sweden-based holding company, stands as a significant player in the frequently enough-unseen but critical sector of fund transport services. The company provides a complete suite of solutions primarily catering to financial institutions, retailers, commercial enterprises, and the public sector. Loomis’s operations extend beyond mere transportation, encompassing a range of services designed to ensure the secure and efficient handling of cash.
Core Services: A deep Dive
Loomis AB’s service portfolio is diverse, addressing various needs within the cash management cycle. These services can be broadly categorized into:
- Fundraising Services: Primarily utilized by banks and commercial enterprises, this involves a fleet of specialized vehicles transporting funds to and from retailers, banks, safes, and automated teller machines (ATMs).
- Fund Management Services: This encompasses a wide array of activities,including counting,analysis,planning,reporting,and rigorous control of currency authenticity and quality.
The company boasts a substantial infrastructure, operating more than 200 cash treatment centers globally. This network is crucial for processing and managing the vast amounts of currency handled daily.
Global Reach and Operational network
Loomis AB’s operational footprint is extensive, spanning numerous countries across the globe. The company operates through a network of 400 agencies,ensuring a localized presence in key markets. These countries include:
- Argentina
- austria
- Czech Republic
- Denmark
- Finland
- France
- Norway
- Portugal
- Slovenia
- Slovakia
- spain
- Switzerland
- Turkey
- United Kingdom
- United States
This widespread network allows Loomis AB to provide consistent and reliable services to its diverse clientele, adapting to the specific needs and regulations of each market.
Subsidiaries and Corporate Structure
Loomis AB’s corporate structure includes subsidiaries operating under Mat Holding AG and Intermarketing Oy. These subsidiaries likely play a role in specific regional operations or specialized service offerings, contributing to the overall strength and reach of the company.
