Nordic M&A News
January 17, 2018

- Sweden -

Loomis acquires KÖTTER Geld & Wertdienste (Cision)

Loomis has entered an agreenment to acquire 100 percent of KÖTTER Geld- und Wertdienste. KGW, based in Germany, conducts domestic cash handling services, and the enterprise value is approx. EUR 14m. In 2017, KGW had about 800 employees and is expected to report revenue of approx. EUR 45m.


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Prepared by Morten Loft Sørensen