Loomis AB (publ) (LOIMY) M&A Call Transcript

Operator

Ladies and gentlemen, welcome to the Loomis Extra call regarding the announcement acquisition of Hermes Transportes Blindados. I am George, the Chorus Call operator. [Operator Instructions] The conference is being recorded. [Operator Instructions] The conference must not be recorded for publication or broadcast. At this time, it’s my pleasure to hand over to Aritz Larrea, President and CEO. Please go ahead.

Aritz Uribiarte
President & CEO

Good morning, and welcome to our call where we will present the announced acquisition of Hermes Transportes Blindados. My name is Aritz Larrea, and I’m the President and CEO of Loomis. And with me here today, I have our CFO, Johan Wilsby; and our Head of Investor Relations and Sustainability, Jenny Bostrom. It’s great to see so many of you joining on short notice to hear us present our largest acquisition to date.

Yesterday, we announced that we had entered a share tender agreement with, among others, CVC Capital for their shares in Hermes, marking our entry into Peru. The transaction will be conducted through a public offer tender. But before I go into details of Hermes and the transaction itself, let me spend some time explaining why Peru is an attractive market for us.

For many years, Loomis has operated in Argentina and Chile, and we have long explored different opportunities to expand our business in Latin America. As you know, this is one of the strategic priorities we presented at our Capital Markets Day in 2024. Among the countries we have been closely monitoring is Peru. I assume most of

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