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