Ratos: Bisnode renewing strategic partnership with D&B
This information is disclosed in accordance with the Securities Markets Act, the Financial Instruments Trading Act or demands made in the exchange rules.
Ratos's subsidiary Bisnode has signed an agreement to renew its strategic partnership with D&B, the leading provider of global credit information. The renewed contract has terms in accordance to previous agreement and gives Bisnode the exclusive rights to resell and develop international D&B solutions in 11 European markets for the next 10 years.
''D&B has been our strategic partner for the last eight years and we are very glad to renew our partnership. This agreement will enable us to meet our customers' rising demand for global solutions while at the same time developing local products based on international data of high quality. The partnership with D&B will ensure our ability to maintain current revenues within Credit Solutions, as well as enable further growth,'' says Lars Pettersson, CEO of Bisnode.
Bisnode will retain operational responsibility for reselling and developing solutions based on global D&B data and analytics for the following markets: Sweden, Denmark, Finland, Norway, Germany, Austria, Switzerland, Poland, Hungary, Slovakia and the Czech Republic.
Bisnode is a leading European provider of digital business information with services within market, credit and business information. Using Bisnode's services companies can increase their sales, reduce their risks and improve their day-to-day business decisions. Operations are conducted in 17 countries in Europe. In 2011 sales amounted to SEK 4,310m and EBITA to SEK 447m. The group has about 3,000 employees.
For further information, please contact: Henrik Joelsson, Investment Director Ratos, +46 8 700 17 00 Lars Pettersson, CEO Bisnode, +46 70 517 28 02 Emma Rheborg, Informations- och IR-chef Ratos, +46 73 380 22 63
Financial calendar from Ratos:
Interim Report January - June 2012 17 August 2012
Interim Report January - September 2012 9 November 2012
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 medium to large unlisted Nordic companies. Ratos's holdings include AH Industries, Arcus-Gruppen, Biolin Scientific, Bisnode, Contex, DIAB, Euromaint, Finnkino, GS-Hydro, Hafa Bathroom Group, HL Display, Inwido, Jøtul, KVD Kvarndammen, Lindab, Mobile Climate Control, SB Seating and Stofa. Ratos is listed on Nasdaq OMX Stockholm and market capitalisation amounts to approximately SEK 23 billion.