31.08.2016 13:35:37
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Ratos AB: Bisnode acquires NN Markedsdata
Ratos subsidiary Bisnode is strengthening its market position in Denmark through the acquisition of NN Markedsdata, a supplier of credit and market data and data-driven consulting services. The purchase price of approximately DKK 80m (enterprise value) is being financed through equity from the owners, which entails that Ratos will contribute about DKK 55m for its holding.
Bisnode, a leading European Data & Analytics company, is strengthening its market position in Denmark through the acquisition of NN Markedsdata. The company was formed in 1997 and has 40 employees, with its head office located in Aarhus. Its offering focuses on credit and market data and data-driven consulting services, and will be an excellent complement to Bisnode's core operations.
"Bisnode has a leading position in data & analytics. It will be further strengthened by this strategic add-on acquisition, which is aligned with our strategy going forward. We continue to develop our core operations, strengthen our expertise and offering in data-driven analytics in order to help our customers to drive growth," says Magnus Silfverberg, CEO of Bisnode.
The acquisition was completed on 31 August 2016.
For further information, please contact:
Elin Ljung, Head of Corporate Communications, +46 8 700 17 20
Magnus Silfverberg, CEO of Bisnode, +46 8 558 059 00
Financial calendar from Ratos:
Interim report January-September 2016 10 November 2016
Year-end report 2016 17 February 2017
Interim report January-March 2017 8 May 2017
Interim report January-June 2017 17 August 2017
Interim report January-September 2017 6 November 2017
Ratos is an investment company that owns and develops unlisted medium-sized Nordic companies. Our goal as an active owner is to contribute to the long-term and sustainable business development in the companies we invest in and to make value-generating transactions. Ratos's portfolio consists of 19 medium-sized Nordic companies and the largest segments in terms of sales are Construction, Industrials and Consumer goods/Retail. Ratos is listed on Nasdaq Stockholm and has a total of approximately 16,000 employees.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ratos via Globenewswire
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