Bisnode has acquired credit solutions company Lindorff Decision and 90.1 per cent of marketing solutions company Lindorff Match, located in Norway. Together with Bisnode’s existing operations, Bisnode will become the leading provider of credit and marketing solutions in Norway. The purchase price amounts to SEK 242 million (Enterprise Value).

Lindorff Decision is a supplier of high quality credit information and decision-support systems. Lindorff Match is offering advanced and flexible solutions for marketing contact information. Following the acquisition of Decision and Match from Lindorff Group, Bisnode will integrate the two new businesses to the existing operations and merge the datasets in order to provide customers a market-leading offering. The acquisition will provide significant synergies and create ample growth opportunities.

Lindorff Decision and Lindorff Match are growing and profitable companies with combined annual 2010 revenue of SEK 115 million, operating profit of SEK 26 million and 37 employees.  Source:  Bisnode Press Release