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Loomis acquires Ziemann Sicherheit Holding GmbH


The Swedish Loomis group has signed an agreement to acquire Ziemann Sicherheit Holding GmbH. By this acquisition, which is still subject to approval by the cartel authorities, Loomis will further strengthen its German presence. 

The target company conducts domestic cash handling services and is based in Schallstadt, Germany. Ziemann has approximately 2700 employees and an annual turnover in 2018 of EUR 175 million. Loomis was advised by kallan in this transaction. The kallan team included Dr Maria Wolleh, Oliver Cleblad, Manuel Haack, Rafael Hertz, Laura Engelmann, Dr Nils Gruske and Thilo Schulz