Loomis makes strategic acquisition within Automated Solutions by acquiring Cima S.p.A.

STOCKHOLM, July 18, 2023 /PRNewswire/ — Loomis AB has entered into an agreement to acquire 100 percent of Cima S.p.A. from Milano Investments S.p.A. for an initial purchase price of EUR 132 million (approximately SEK 1.5 billion) on a cash and debt free basis, plus a potential earn-out….