Bisnodes acquisition of Lindorff Decision completed
Bisnode announces the acquisition of Lindorff Decision in Norway of Lindorff Group is completed. The acquisition of Lindorff Decision has been approved by the Norwegian Competition Authority. The transaction was completed on July 1.
Lindorff Decision provides credit information and decision support systems and is a growing and profitable company based in Oslo, Norway. Lindorff Decision had an annual revenue 2010 of 76 million SEK and 24 employees.
"The acquisition of Lindorff Decision is part of our growth strategy. We expect to be able to extract significant synergies and create new business opportunities from the acquisition," says Johan Wall, president and CEO of Bisnode.
Bisnode also completed the acquisition of Lindorff Match on May 2 this year. The two acquisitions strengthen the market position together with Bisnode current operations and Bisnode is a leading provider of credit and market information solutions in Norway. The total purchase price amounts to 242 million Swedish crowns.
Johan Wall, CEO, Bisnode
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