Loomis completes Hermes deal as Loomis stock nears its 52-week high

Published on 10/18/2026 at 13:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

On October 16, 2026, Loomis stock stood at SEK 574.50, 1.96 percent below its SEK 586.00 high. Hermes cost USD 297 million.

Hermes expands Loomis operations

On October 5, 2026, Loomis completed the purchase of 99.80 percent of Hermes for USD 297 million.
Second-quarter revenue reached SEK 7.891 billion, up 5.30 percent from the first quarter.
Loomis had a SEK 38.4 billion market capitalization as of October 16, 2026.

Gepanzerter Geldtransporter vor einem Sicherheitszentrum, fotorealistische Darstellung, Stockholm — Fotorealistisches Bild zeigt Loomis AB SE0014556112 mit gepanzertem Geldtransporter vor Sicherheitszentrum in Stockholm, Illustration mit AI erstellt.

Loomis (ISIN SE0014504817) completed its acquisition of 99.80 percent of Hermes Transportes Blindados for USD 297 million on October 5, 2026. According to Cision, the Peruvian security-logistics company brings approximately 3,400 employees, 19 branches and around 1,000 customers into Loomis' Europe and Latin America segment.

Hermes adds scale in Peru

The transaction follows a tender process that began with an agreement announced on May 5, 2026. Loomis launched the public offer on August 31, and 87,072,827 Hermes shares had been tendered by September 30, representing 99.80 percent of the outstanding shares, according to Cision.

Financing is another important part of the deal. Loomis refinanced the bridge and guarantee facilities with proceeds from its previously announced EUR 300 million bond issuance, while Hermes will remain under its existing management.

What changes for Loomis margins?

The acquisition arrives after a stronger second quarter. Loomis reported revenue of SEK 7.891 billion for the second quarter of 2026, up 5.30 percent from SEK 7.491 billion in the first quarter, while operating profit reached SEK 1.032 billion and the operating margin was 13.10 percent, according to Affarsvarlden. Net income was SEK 608 million, compared with SEK 530 million in the first quarter.

Three steps led to closing

The chronology is clear: Loomis announced the Hermes agreement on May 5, 2026, with shareholders representing 99.49 percent of the target; it launched the tender on August 31, 2026; and it completed the purchase on October 5, 2026, for USD 297 million. The next scheduled reporting date is October 30, 2026, when Loomis is due to publish its third-quarter report, according to Affarsvarlden.

Stock remains near yearly high

On Nasdaq Stockholm, Loomis last stood at SEK 574.50 on October 16, 2026 at 5:29 p.m. CEST. Its 52-week range was SEK 352.20 to SEK 586.00, putting the last price 1.96 percent below the high, while market capitalization was SEK 38.4 billion on that date.

The further course of trading is shown by the continuously updated real-time quote of Loomis stock.