Loomis Gets Deal to Service Tesco's ATMs Throughout UK
02 Outubro 2014 - 7:36AM
Dow Jones News
By Dominic Chopping
STOCKHOLM--Swedish cash-handling company Loomis AB (LOOM-B.SK)
said Thursday it has entered an agreement with Tesco PLC (TSCO.LN)
to service its 3,700 ATMs across the U.K.
Loomis will be responsible for replenishment and maintenance of
Tesco's entire remote ATM estate. The transition of work to Loomis
will commence immediately and is expected to be fully rolled out
during the second quarter 2015.
Fully rolled out, the annual revenue is expected to exceed GBP20
million.
-Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter:
@WSJNordics
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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