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BRINK’S Armored Van
The market of cash transportation in France was really developed in the middle of the thirty glorious period (1945 to 1975), and will know from the transition of francs becoming Euros in 2001/2002, an acceleration of the takeovers of cash transportation companies between two big international leaders that are LOOMIS and BRINK'S.
BRINK’S Armored Van
It was at the request of the French government at the time that the cash-in-transit company BRINK'S was established in France in 1961.
SECSO Armoured Van
Small private operators will also be created in different areas of France.
Labbé's Armored Van
They will develop as companies are created and French coachbuilders will develop an offer of armored vans, like here the Labbé manufacturer who continues, under the brand CENTIGON, to manufacture them for cash transportation.
- FRENCH VERSION -
Les véhicules blindés CENTIGON
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Fourgon du Carrossier TROUILLET
or here the coachbuilder TROUILLET Mobilité Sécurité ex- VEHIXEL and which always builds armored vehicles for the fiduciary transport companies.
Group 4 armored van in French Brittany
Big international groups will settle in some regions like Group 4 which will become later G4S
SPS Security's armored van
SPS Sécurité, a cash transportation company, was created in the early 80's and depends on the ECCO group which had bought it from SECURITAS. It will start in the south of France.
SPS Sécurité's armored van for the Ile de France
SPS Sécurité will really take off at the beginning of the 90s in all France.
Armored van of the French Post Office
La Poste (The French Post Office) will be equipped with armored vans for the service of its branches.
It is the SECURIPOST group from the end of the 80's which will take over the market of cash transport of the French Post office, la Poste.
PROTECTAS Logo
In 1992, SECURITAS creates a subsidiary dedicated to CIT transport with SECURITAS France Transport de fonds. It will be established in France with the acquisition of PROTECTAS and brings together five agencies in the Grand Est region based in Strasbourg, Mulhouse, Metz, Nancy and Golbey.
SAZIAS Armored Van
More than fifty cash-in-transit companies of varying sizes existed at the end of the 1990s and were spread throughout the country, each with its own preferred area.
In a Fortress center of BRINK'S in the 2000s
When the EURO was introduced at the turn of the year 2001/2002, the French CIT market was affected in the same way as the German market. In order to grow, large groups merged with small cash-in-transit companies, faced with an overcapacity of vehicles and a price war, some of which had been in existence for several decades and went bankrupt a few years later.
Logo SECURITAS
In 2003, SECURITAS France Transport de Fonds opened two agencies in the Ile de France in Courbevoie and Ivry.
LOOMIS Armored Van
The same year, LOOMIS acquires the assets of SECURITAS France Transports de Fonds.
G4S Logo
In 2007, LOOMIS acquired the G4S cash-in-transit department located in Normandy, Hauts de France and Ile de France, which allowed it to start becoming a serious competitor to BRINK'S.
KEEPWAY's Armored Van
In 2008, the cash in transit company KEEPWAY, one of the divisions of the TESSI Group established in Ile de France, Rhône Alpes Midi Pyrénées and Langedoc Roussillon, was bought by LOOMIS.
PROTECVAL's Van
In 2009, the bosses of the French supermarkets of small and medium-sized stores no longer want to see armored vans with three armed guards moving around their supermarkets with the risk of armed robbery and consequently creating fear among their customers. BRINK'S has been offering PROTECVAL since 2006 and its competitor LOOMIS offers TRANSVAL light transport for a daily collection of less than 30,000 euros. Without armored vehicle, therefore without weapons and with only one person, this one moves with a secured suitcase.
LOOMIS France armored van
In 2011, all the companies bought by LOOMIS are grouped into a single entity: LOOMIS France.
Armored Vans of BRINK'S in a Fortress center of BRINK'S
In 2014, BRINK'S represents 45% of the fiduciary transport on a market representing 700 million euros for CIT companies. Faced with the continuous decline in volumes and prices, BRINK'S is embarking on a pharaonic project: it is developing, with a budget of 12 million euros, interbank recycling: Instead of systematically taking its customers' cash to the BANQUE DE FRANCE so that the latter can process it before it goes back into circulation, it will do so itself and thus supply its customers with cash more quickly.
Lien sur un article des ECHOS de juin 2014
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LOOMIS Armored Van
In 2014, LOOMIS France set up shop at Roissy-Charles de Gaulle airport near Paris to offer secure international transport. It also acquires the company PAGNOT
BRINK’S Armored Van
In 2017, BRINK'S becomes the leader in logistics in France with 51% of the market against 40% for LOOMIS France, with PROSEGUR Cash France in third place.
TEMIS Armored Van
To have obtained this place of leader in front of LOOMIS France, BRINK'S had bought TEMIS, the number 4 and which represented at the time 46 million euros of turnover and 500 employees.
LOOMIS truck of 26 tons allowing the transport of 16 pallets
LOOMIS SLS (Secured
Logistics Service) completes its fleet with an armored truck of 26 tons which allows to transport all kinds of valuables to Roissy-Charles de GAULLE Airport.
PROSEGUR Cash France armored van
LOOMIS France acquires PROSEGUR Cash France in 2019 and becomes the new market leader in cash logistics in France.
LOOMIS France armored Van
Here are the figures of LOOMIS France in 2019 for France: 2,884,570 services, 512 armored vehicles, 60 strong centers spread throughout France. It is thus ahead of its competitor BRINK’S .
MALCAT AMIT van on the Place Vendôme in Paris
In front of this fight between these two big groups, international actors oriented on the transport of works of art are also present on this more specific market, as for example the company MALCAT AMIT.
Geneva Freeport in Switzerland
This confidential market has been impacted for a few years by the "FREE PORTS" which are temporary customs warehouses in airport areas or industrial zones or the customs warehouses of art transport companies that do warehousing, through different countries such as Germany, Austria, Switzerland, Luxembourg or Singapore. Indeed, these works remain stored in these highly protected bunker warehouses and are very rarely transported. Buyers and sellers negotiate in the "FREE PORTS".
Free Port of Le Bourget in France
In France, there is a "FREE PORT" at Le Bourget airport which was established in 2020.
For the transport of funds between its counters, the BANQUE DE FRANCE has its own vehicles escorted by the Gendarmerie Nationale.
The escorts, always impressive because of the number of vehicles, some of which are empty to deceive possible robbers, transport large sums of new and used cash between the bankbills printing factories and its counters.
The evolutions of the value of net issues since 2002 show these movements: From 36 billion in 2002, we went to more than 119 billion in 2016. For Europe also the figures give the spin: In 2002, more than 358 billion euros in cash in circulation and in 2016, more than 1,126 billion euros in cash in circulation. (Sources Banque de France 2017)
BRINK’S Armored Van
However the cash transportation environment is a sector that is impacted by various pressures, such as the "political" one to decrease cash volumes in France (Assises des Paiements), such as new regulations that increase the pressure on transportation costs (automatic staining in case of theft and cash transportation decree according to the sums transported), such as the BANQUE DE FRANCE modernization project (counter closures and new packaging standards), as well as fewer and fewer Bank Agencies on the French territory to supply.
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