Loomis completes acquisition of Peru's Hermes Transportes Blindados for USD 297 million

PR Newswire··PESEFR·Read original
3▲1 ▼0Impact / 5
Summary · why it matters

Loomis has completed its acquisition of 99.80 percent of the shares in Hermes Transportes Blindados S.A. following the completion of the public tender offer and the fulfilment of the conditions set out in the Tender Offer Agreement. The total purchase price for the tendered shares amounted to approximately USD 297 million, or approximately SEK 3 billion. Loomis announced on May 5, 2026, that it had entered into a Tender Offer Agreement with shareholders representing 99.49 percent of the outstanding shares in the listed Peruvian valuables management company, and launched the public tender offer on August 31, 2026. By the end of the offer period on September 30, 2026, 87,072,827 shares, representing 99.80 percent of the outstanding shares, had been tendered, and the transaction closed on October 5, 2026. Hermes, a leading provider of security logistics services in Peru with approximately 3,400 employees and 19 branches serving around 1,000 customers, will be reported within Loomis' segment Europe and Latin America from October 2026, and its management team and employees will remain with the company. Nordea Bank and Société Générale structured and coordinated the acquisition financing, including a committed bridge facility and guarantee facility, which were refinanced ahead of closing through the proceeds of Loomis' previously announced EUR 300 million bond issuance.

Impact on assets 4

Financials▲ · 2 stocks
Industrials▲ · 1 stocks
Loomis AB ser. B
0JYZ
▲ PositiveCapitalrelevance

Loomis completed its USD 297 million acquisition of Hermes Transportes Blindados, expanding its Latin America valuables management business.

Consumer Discretionary▲ · 1 stocks

Off-coverage companies 1

Hermes Transportes Blindados S.A.Private▲ Positive
Capitalrelevance

Hermes Transportes Blindados is being acquired by Loomis for approximately USD 297 million, with its management and employees remaining.