vendredi 28 octobre 2022

LOOMIS AND WELLS FARGO - English Version

Cash and Valuables transport
LOOMIS ET WELLS FARGO

  - English Version -

Translated with www.DeepL.com/Translator (free version)

(Sorry if there are errors in the meaning, word or verb of the expressions). 


Up date: 04/11/2022


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Former Wells Fargo Logo

In 1852, the two founders, Henry Wells and William Fargo were in the banking and land transportation business.
In 1866, Wells Fargo, Holladay and Overland Mail, all three in transportation merge under the name  Wells Fargo.

 

Armored truck of the WELLS FARGO in the 50's

The transport entity will be separated in 1905 from the banking activities. It is one of their employees, Elmer Ray JONES, who will develop the armored transports until the 60's in the East and the South of the USA with the "Wells Fargo Armored Service".

 

Restored armored vehicle of the LOOMIS

In 1925, Lee B LOOMIS created an armored car service, the "Loomis Armored Inc" .

 

LOOMIS armored van in 1923
It will develop on the American territory first in the West, then towards the East.

 

LOOMIS armored van in 1938

Indeed, the deposit banks in the USA are very present on its territory.

 
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LOOMIS armored truck with its trailer in the 1960s

Americans prefer to pay in cash rather than by check.

 

Armored truck of the WELLS FARGO in 1988

From there, the banking networks will subcontract with operators of transport of funds such as LOOMIS or the WELLS FARGO.

 

Camion blindé de la LOOMIS Années 60

LOOMIS will develop rapidly in all the American cities, especially in the American West, and will have many strong centers, places where the cash of the businesses, banks and companies are gathered.

 

WELLS FARGO armored van 1980s

 WELLS FARGO, it, is established everywhere on the North American continent...


Armored car of LOOMIS FARGO & Co at the end of the 90s

It is in 1997 that "Loomis Armored Inc" consolidates with the "Wells Fargo Armored Service" a new entity which will form the "LOOMIS Fargo & Company".

 

LOOMIS FARGO & Co armored car at the end of the 90's

For LOOMIS, this purchase of a new company twice its size will allow it to reinforce its presence on the whole American territory. WELLS FARGO will specialize in the financial fields and leave to LOOMIS the management of fiduciary logistics.

 

Freigthliner FL50 LOOMIS Canada

In 2001, the Swedish group "SECURITAS AB" buys the "Loomis Fargo & Company" and is integrated into the  "Securitas Cash Handling Service Division"

 

Loomis Las Vegas

Successive acquisitions of cash handling companies around the world allow the company to grow from year to year.

 

 LOOMIS logo

Its investors decide that the "armored cash logistics" part, for its subsidiaries worldwide, will be called "LOOMIS" from now on.

 

Loomis Spain

Its international development will be mainly on the Old Continent. There are LOOMIS branches in Spain,

 

Loomis Belgium

in Belgium,

 

Loomis France Armored Van

As well as in France, after the purchase of small and large French cash-in-transit companies.

 

Loomis France Armored Van

LOOMIS France accounted for 40% of the French cash logistics market in 2017 and will become the French market leader by acquiring  PROSEGUR Cash France in 2019.


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VW T5 from LOOMIS Deustchland

On Germany, LOOMIS arrived on the German market in 2018 by acquiring the Company  KÖTTER Security and taking over part of its fleet of vehicles. It is now in second position behind PROSEGUR Germany

 
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Loomis truck in Spain

It also equips itself with trucks in addition to vans to ensure all types of heavy transport.

 

Loomis France Armored truck

LOOMIS  is becoming a serious competitor to three other international CIT competitors, namely the American BRINK'S,the canadian GARDAWORLD., and the spanish PROSEGUR.

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A WELLS FARGO "Disaster Relief Vehicle."

However, we can still see red WELLS FARGO vehicles in line with its banking activity, as here with this 4X4 which is deployed in disaster areas after a storm or fires to ensure its customers the possibility to withdraw money from this mobile cash dispenser...

 

A WELLS FARGO " Disaster Relief Vehicle " seen from the back in the ATM position

Indeed, in the USA, the Americans like to pay in cash rather than by card...

 

 LOOMIS USA armored truck

The 2019 figures present LOOMIS with a turnover of more than 20 billion dollars, through 400 branches worldwide and employs 22,000 people.

 

The interior of one of the LOOMIS fortress centers

LOOMIS' numerous fortress centers provide secure management for its customers.

 

 DAF CENTIGON for LOOMIS

To prepare its vans, LOOMIS calls upon specialized bodywork specialists such as CENTIGON FRANCE SAS,


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VEHIXEL body shop truck for LOOMIS cash transports

or the carbuilder VEHIXEL for its European branches..

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  Electric armored car Xos tested by the company LOOMIS

 LOOMIS must also find solutions in new vans in relation to the environmental standards imposed by Western governments, and carries out tests of hybrid or 100% electric vehicles...
 
----------------------------------------------
- Find many pictures of armored vehicles -
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of "Waardetransport" -
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