Loomis Strengthens Latin American Operations with Hermes Acquisition

Loomis Completes Acquisition of Hermes Transportes Blindados

On October 5, 2026, Loomis AB announced the successful completion of its acquisition of 99.80% of the shares of Hermes Transportes Blindados S.A. This landmark transaction, valued at around USD 297 million, marks a pivotal step in Loomis' mission to bolster its footprint in Latin America.

The acquisition followed a public tender offer initiated by Loomis on August 31, 2026, which concluded on September 30, 2026. By the end of this tender period, an impressive 87,072,827 shares were submitted by shareholders, representing the overwhelming majority of Hermes' shares. This successful outcome was celebrated by Aritz Larrea, President and CEO of Loomis, who expressed his excitement about welcoming over 3,400 new employees into the Loomis family. Larrea highlighted the strong market presence and operational expertise of Hermes, indicating that these attributes would contribute significantly to Loomis's global operations.

Hermes Transportes Blindados is renowned in Peru as a leading provider of logistics and security services related to valuable goods. The company offers a range of essential services, including the secure transportation, processing, and storage of cash, precious metals and minerals. Hermes also handles ATM management and cash processing for a diverse clientele that spans the finance, industrial, retail, and public sectors, as well as the mining industry. The company employs approximately 3,400 people across 19 branches, serving around 1,000 customers.

This acquisition is set to reinforce Loomis's existing operations in Europe and enhance its service offerings throughout Latin America. By integrating Hermes into its business model, Loomis plans to leverage the company's strong brand and market position. The management team at Hermes is expected to remain with the company, ensuring continuity in leadership and operational strategy.

The financial aspects of the acquisition were expertly handled by Nordea Bank and Société Générale, who structured and coordinated the financing necessary for the deal. They provided a committed bridge facility along with guarantee facilities to ensure a smooth transaction. This financial foundation was further strengthened through Loomis's earlier announced EUR 300 million bond issuance, which was used to refinance the available facilities ahead of closing the deal.

Overall, this acquisition is emblematic of Loomis's strategy to expand its reach and capabilities in strategic markets. By establishing a presence in Peru, Loomis is poised to tap into new opportunities within the Latin American market, thereby adding to its overall growth narrative. As Loomis continues its trajectory of expansion in the financial and security sectors, it looks forward to capitalizing on the expertise and capabilities that Hermes brings to the table.

Through this recent move, Loomis is not only expanding its operational capacity but is also strengthening its commitment to providing superior security logistics services that meet the needs of various sectors in the dynamic Latin American marketplace.