History

2007

Loomis sells Loomis  Cash Management Ltd. (LCM) operation in the UK. 
During 2007  Loomis acquires Group4Securicor PLC (G4S) cash handling operations in  Franceand Brinks’ cash  handling company in the UK.

2006

Securitas announces its intention to split the business into separate, independent, specialized security companies. Securitas Cash Handling Services assumes the name Loomis and begins establishing a new identity.

2004

Securitas acquires Valiance, thereby increasing its geographic coverage in France.

2001

Loomis, Fargo & Co., which is the market leader in the USA, merges with the Securitas Group.

SCM, the cash management operation in the UK, is established.

Securitas reorganizes from a country-based structure to an organization with five specialized divisions, of which Cash Handling Services is one.

1997

Loomis acquires Wells Fargo Armored, a company double the size of Loomis, and creates Loomis, Fargo & Co. A national service network in the USA is created. 

1993

Securitas acquires Esabe in Spain.

1995

Sweden’s central bank begins outsourcing cash management.

1992

Securitas acquires Protectas, which has operations in northeast France, Switzerland, Austria, and Germany.

1991

Securitas AB is admitted to the Stockholm Stock Exchange.

1989

Securitas initiates its international expansion under the leadership of Melker Schörling. The expansion begins with acquisitions in Norway, Denmark, and Portugal.

1985

Investment AB Latour becomes Securitas’ new owner with a focus on security.

1981

Securitas is divided between Sörensen's two sons. The international operation later develops into the current Group 4 Securicor, while the Swedish company becomes Securitas.

1972

All companies owned by Erik-Philip Sörensen are gathered under the Securitas name.

1934

Erik Philip-Sörensen forms Hälsingborgs Nattvakt in Helsingborg, Sweden. It expands quickly when Sörensen acquires several other security companies in southern Sweden. The merged company is named Förenade Svenska Vakt AB.

1925

The Loomis Armored Car Service is established in Portland, Oregon. “Old Number One” is manufactured at a cost of 8,000 dollars and is put into service.

1905

Lee Loomis forms the Cleary Creek Commercial Company, which provides Alaska’s miners with provisions and returns with gold via dog sled.

1852

Henry Wells and William Fargo establish Wells Fargo & Co. during the California gold rush.

Last updated: March 13, 2007 Print this page

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