Ratos: Bisnode acquires AIS Nordic
(Thomson Reuters ONE) -
This information is disclosed pursuant to the Swedish Securities Market Act, the
Swedish Financial Instruments Trading Act or requirements stipulated in the
listing agreement.
Ratos subsidiary Bisnode is to acquire the operations of AIS Nordic and expand
its offering in the automotive-information. Based on this acquisition, Bisnode,
one of Europe's leading providers of decision support, will become the Nordic
leader in automotive-related information services. The purchase consideration of
approximately SEK 65m (enterprise value) is financed through equity from the
owners, which entails that Ratos will contribute about SEK 45m.
AIS Nordic offers high-quality vehicle data services. These are business-
critical services for customers primarily in the automotive and accessories
industry to conduct efficient and profitable operations. The company was founded
in 2006 and will generate operating profit of approximately SEK 13m on an annual
basis.
"Bisnode's position in the decision-support market is further strengthened with
this profitable add-on acquisition, which is in line with our strategy of
continuing to develop the core operations. With this acquisition, Bisnode will
have a leading and comprehensive solution for companies requiring vehicle and
vehicle-related information in one or more of the Nordic countries," says
Susanna Campbell, CEO of Ratos.
The transaction is expected to be completed on 16 October.
Ratos became a principal owner of Bisnode in 2005. Today, Bisnode is one of the
leading European providers of decision support, focusing on helping companies
and organisations to make smart decisions.
For questions, please contact:
Henrik Blomé, Deputy CEO and Investment Director, +46 8 700 17 00
Elin Ljung, Head of Corporate Communications, +46 8 700 17 20
Financial calendar from Ratos:
Interim report January-September 2015 6 November 2015
Year-end report 2015 17 February 2016
Annual General Meeting 2016 14 April 2016
Interim report January-March 2016 10 May 2016
Ratos is a private equity conglomerate. The company's mission is to maximise
shareholder value over time through the professional, active and responsible
exercise of its ownership role in primarily unlisted medium sized Nordic
companies. Ratos's holdings include AH Industries, Aibel, Arcus-Gruppen, Biolin
Scientific, Bisnode, DIAB, Euromaint, GS-Hydro, Hafa Bathroom Group, HENT, HL
Display, Inwido, Jøtul, KVD, Ledil, Mobile Climate Control, Nebula, Speed Group
and TFS. Ratos is listed on Nasdaq Stockholm and market capitalisation amounts
to approximately SEK 18 billion.
Press release (PDF):
http://hugin.info/1180/R/1958935/713904.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Ratos via GlobeNewswire
[HUG#1958935]
Unternehmensinformation / Kurzprofil:
Datum: 15.10.2015 - 08:30 Uhr
Sprache: Deutsch
News-ID 427069
Anzahl Zeichen: 3612
contact information:
Town:
Stockholm
Kategorie:
Business News
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"Ratos: Bisnode acquires AIS Nordic"
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