SOLNA, Sweden--()--Regulatory News:
“This agreement gives us a partner with a strong technical service organization operating throughout the country. Together we can offer our customers a unique service concept for ATMs”
Loomis (STO:LOOMB) is strengthening its service offering in the United Kingdom through a partnership agreement with NCR, whereby NCR will take over ATM technical service operations. Under the agreement Loomis will be purchasing services from NCR in order to continue to offer its bank customers high quality service for their ATMs.
This partnership creates competitive benefits and enables Loomis to provide a unique offering of combined services. It also brings opportunities for new business in the UK.
In total around 150 technicians will have a new employer, although they will still be serving some of the same customers.
This transaction is the beginning of a process of efficiency improvements for the UK operation. Kenneth Högman, Regional President Northern Europe and Country President for Loomis UK Ltd is in charge of the process.
“This agreement gives us a partner with a strong technical service organization operating throughout the country. Together we can offer our customers a unique service concept for ATMs,” states Kenneth Högman.
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 9.00 a.m. (CET) on February 13th, 2013.
This information was brought to you by Cision http://www.cisionwire.com