Oregon Armored Service sells to Swedish competitor Loomis

[henrysmedford]

I now know why most of my rolls are from Loomis

From http://www.oregonlive.com/business/index.ssf/2011/12/oregon_armored_service_sells_t.html

oregonlive.com
Oregon Armored Service sells to Swedish competitor Loomis for $5.7 million
Published: Wednesday, December 28, 2011, 12:24 PM Updated: Wednesday, December 28, 2011, 2:06 PM
Molly Young, The Oregonian By Molly Young, The Oregonian
A Swedish armored car company will acquire Oregon Armored Service, Inc. for $5.7 million in a deal announced today.

Loomis plans to retain all of the Portland-based company's employees and contracts, worth about $6 million, chief executive Lars Blecko said in a written statement.

Both companies handle and transport cash for banks and other institutions. The sale will take effect Saturday.

Oregon Armored Service has a 26-year history in the state, and offices in Portland, Salem, Eugene and Medford. Loomis will fold the company into its U.S. division, which already has locations in Portland and Roseburg.

–Molly Young, @PDXSmlBizNews

© 2012 OregonLive.com. All rights reserved.

[highroller4321]

I now know why most of my rolls are from Loomis

From http://www.oregonlive.com/business/index.ssf/2011/12/oregon_armored_service_sells_t.html

oregonlive.com
Oregon Armored Service sells to Swedish competitor Loomis for $5.7 million
Published: Wednesday, December 28, 2011, 12:24 PM Updated: Wednesday, December 28, 2011, 2:06 PM
Molly Young, The Oregonian By Molly Young, The Oregonian
A Swedish armored car company will acquire Oregon Armored Service, Inc. for $5.7 million in a deal announced today.

Loomis plans to retain all of the Portland-based company's employees and contracts, worth about $6 million, chief executive Lars Blecko said in a written statement.

Both companies handle and transport cash for banks and other institutions. The sale will take effect Saturday.

Oregon Armored Service has a 26-year history in the state, and offices in Portland, Salem, Eugene and Medford. Loomis will fold the company into its U.S. division, which already has locations in Portland and Roseburg.

–Molly Young, @PDXSmlBizNews

© 2012 OregonLive.com. All rights reserved.

Soon they will all be Loomis....

[PMLurker]

How would this affect The Portland Mint and the coins you get in?

[highroller4321]

How would this affect The Portland Mint and the coins you get in?

It affects it in many ways but I think mostly for the better.

[JobIII]

Well that's a plus.