The transaction whereby Nokas Verdihåndtering AS sold its subsidiary Nokas Värdehantering AB to Loomis Sverige AB was completed on Monday.

Nokas retains the cash-handling business in Norway, Denmark and Finland. The sale does also not include Nokas’ ATM operations in Sweden. Nokas Värdehantering AB has approximately 220 employees.

Wiersholm has been Nokas’ legal advisor throughout the process. Wiersholm’s team was headed by Harald Hellebust and Karsten Kreiling, and other team members were Helene Stahl, Håkon Cosma Størdal, Harald Nordhus, Edvard Hamer Rojahn, Kristiane Aarvik, Elisabeth Skatvedt, Fredrik Wiker, Fredrik Gunhildrud and Sebastian Forbes.