One of the largest secure logistics companies in India sells its US business, Sequel International Logistics (USA) to Loomis AB for approx. USD 2m. Sequel International Logistics (USA) has approx. 15 employees and reported revenue of USD 2.6m in 2017. With the acquisition Loomis enhance its positions within International Valuables Logistics in the US market and also partners up with Sequel in India.