Lee B. Loomis established Loomis Armored Car Service in 1925 in Portland, Oregon. The company's headquarters was moved to Seattle, Washington, in 1932. Loomis died in 1949, but Loomis Corporation remained under his family's ownership until 1979 when it was acquired by Mayne Nickless. Wingate Partners purchased Loomis in 1991, and the company was consolidated with Wells Fargo Armored Service in 1997 to form Loomis Fargo & Company. Now, Loomis is a cash handling company. Their international network covers over 400 operating locations in the US and eleven western European countries. In the US, Loomis operates an electronically linked service network of nearly 200 operating locations, employs over 8,000 teammates and utilizes a fleet of approximately 3,000 armored and other vehicles to provide secure armored transport, automated teller machine (ATM) services, cash processing and outsourced vault services for banks, other financial institutions, commercial and retail businesses. It was a division of Securitas AB from 2001 to 2008, when it was listed at Nasdaq OMX Stockholm.