Ratos's subsidiary Bisnode has signed an agreement to acquire the Dutch company WDM BV, a leading provider of marketing services to consumers in the Netherlands, Belgium and France.
"This acquisition will strengthen Bisnode's position in Europe in the area of marketing services," comments Lars Save, CEO of Bisnode. "WDM is a leading player in the Benelux countries and a quality provider in France - a region in Europe in which we have previously had a weak presence in consumer marketing."
WDM had reported a 2006 operating profit (EBITA) of SEK 55m on sales of SEK 579m, with approximately 400 employees.
Bisnode has made an additional seven strategic acquisitions to date in 2007: Agent25 (Sweden), Membit (Sweden), Inter Dialog (Norway), Creditscorer (UK), Oy Analytic Direct Communication ADC (Finland), Emric (Sweden), and Wisur (Austria). These seven acquired companies had combined sales in 2006 of SEK 185m and an operating profit of approximately SEK 19m.
The acquisition of WDM is conditional upon approval of the pertinent regulatory authorities.
Ratos, which owns 70% of Bisnode, will not provide additional capital.
For further information, please contact:
Bo Jungner, Investment Director Ratos, +46 8 700 17 00
Lars Save, CEO Bisnode, +46 705 901 822