Nordic presence in Portugal

Loomis

Cash Logistics

Loomis is the Swedish cash-handling and payment-services group spun out of Securitas in 2008, headquartered in Stockholm and listed on Nasdaq Stockholm. It runs cash-in-transit and cash-management operations across more than twenty countries including Portugal, within a network of 400-plus branches and around 25,000 employees that generated over SEK 30 billion of revenue in 2024.

HeadquartersStockholm, Sweden
ListingNasdaq Stockholm
Founded2008 (spun off from Securitas)
Group network400+ branches across 27 markets
Employees~25,000
2024 revenueSEK 30bn+
PortugalCash-in-transit & cash-management operations
SectorCash handling & payment services
DirectionNordics → Portugal

Corridor footprint

Loomis AB was created in 2008 when Securitas spun off its cash-handling division into a separately listed company, now headquartered in Stockholm and traded on Nasdaq Stockholm. The group has grown into one of the world’s largest specialists in the secure movement and management of cash and valuables, operating more than 400 branches across 27 markets with around 25,000 employees and revenue above SEK 30 billion in 2024.

Portugal is one of the markets in Loomis’ international network, where the group provides cash-in-transit, ATM servicing and cash-management services to banks, retailers and other businesses. As physical cash logistics consolidates across Europe, Loomis’ Portuguese operation connects the country into a pan-European, Swedish-owned secure-services platform.

Why this matters for the corridor

Loomis is a reminder that the Nordic-Iberian corridor runs through unglamorous but essential services. A Swedish-listed group handling the cash and ATM infrastructure that underpins Portuguese retail and banking is critical-services capital of exactly the kind that tends to stay for decades — and it shares a lineage with Securitas, the other Swedish security major deeply embedded in Portugal.

Thinking about entering Portugal?

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