Bisnode acquires four Creditinfo SCHUFA companies in the Czech Republic, Slovakia and Poland
Bisnode has acquired four operations offering credit- and business information solutions. Located in the Czech Republic, Slovakia and Poland the acquired companies strengthen Bisnode’s market position in Central Europe. Bisnode will benefit from significant synergies, and will be able to provide a more complete offering to the customers.
Creditinfo SCHUFA provides solutions for risk management, credit assessments and decision support. Together with Bisnode’s existing business, the acquired companies will provide synergies in data collection and enhancement. The acquisitions will also sharpen the product offerings and solutions in a rapidly growing market.
The transaction includes Creditinfo Czech Republic s.r.o., Creditinfo Slovakia s.r.o., Creditinfo Polska sp. z o.o. and Anopress IT, a.s., other local operations will remain in the Creditinfo SCHUFA Group. The acquired companies combined 2010 annual revenue was € 4.8 Million. The operations have 85 employees and longstanding strong customer bases in their respective markets.