Ratos's subsidiary Bisnode has concluded an agreement to acquire Lundalogik, one of Sweden's leading suppliers of customer care and CRM systems. The acquisition is expected to have a positive impact on Bisnode's earnings in 2008.
Bisnode is a leading European supplier of digital business information and services within market, credit and product information. Operations are conducted in five business areas and the company has operations in 19 European countries. Bisnode has approximately 3,000 employees.
Lundalogik, which was founded in 1990, is one of Sweden's leading suppliers of advanced customer management systems. The company has seen rapid growth in recent years. Lundalogik's customers are primarily small and medium-sized companies as well as large enterprises such as NCC, Fritidsresor, EMA Saab Systems, and others. Lundalogik has annual sales of SEK 55-60m.
- Bisnode's CEO, Lars Save, comments: "The acquisition of Lundalogik means that Bisnode now further strengthens its offering within Customer Relationship Management (CRM). Bisnode's business information combined with Lundalogik's customer management systems give Bisnode a more complete CRM offering."
Previously in 2007 Bisnode has carried out thirteen strategic acquisitions: Swedish companies Agent25, Membit, Emric and Pointer, Norwegian companies Inter Dialog and One Holding, the British company Creditscorer, the Finnish company Oy ADC, the Austrian company Wisur, the Slovenian company Noviforum/Infobon, the Czech company Cekia, and the German company ABC, as well as WDM with operations in the Netherlands, Belgium and France. The combined sales of the thirteen acquired companies totalled SEK 840m in 2006.
Ratos's holding in Bisnode amounts to 70%.
For further information, please contact:
Bo Jungner, Investment Director Ratos, +46 8 700 17 00
Lars Save, CEO Bisnode, +46 705 90 18 22
Clara Bolinder-Lundberg, Head of Corporate Communications Ratos, +46 8 700 17 63