Dun & Bradstreet has agreed to acquire data and analytics firm Bisnode through its subsidiary Dun & Bradstreet Holdings BV.
The estimated purchase price upon closing is 7.2B SEK or approximately $818 million USD. The transaction is expected to close in January 2021.
The acquisition positions Dun & Bradstreet to expand across the Scandinavian, Germany, Austria, Switzerland and central European countries. Dun & Bradstreet will add over 110,000 Bisnode customers to its client base, ranging from small businesses to large enterprises.
Anthony Jabbour, CEO at Dun & Bradstreet, said: “We are pleased to bring Bisnode into the Dun & Bradstreet family following a nearly two-decade strategic alliance. The powerful combination of our data, analytics and innovative solutions, paired with Bisnode’s deep client relationships and expertise in European markets will provide our existing and future clients with vital business intelligence to support their own growth ambitions. We look forward to welcoming the Bisnode team to Dun & Bradstreet and to working together to grow the global business.”
