ASIAKASTIETO GROUP PLC, STOCK EXCHANGE RELEASE 13 FEBRUARY 2019 at 9.00 A.M. EET
Asiakastieto Group acquires the business of Solidinfo.SE and strengthens company information services in Sweden
UC Affärsinformation AB, part of Asiakastieto Group, has signed an agreement to acquire the business and assets of Solidinfo.SE from Social Media Support Sverige AB. The agreement was signed on 12 February 2019 and the transaction will be closed on 28 February 2019. The price of the transaction will not be published.
The net sales of Social Media Support Sverige AB for the financial year 2017 amounted to 0,4 million euros. The net sales of UC Affärsinformation AB were 3,5 million euros in 2017. The core of Solidinfo.SE services is a website that provides free business information similar to UC Affärsinformation AB's online service, offering company and financial information on Swedish companies.
Director of SME and Consumers Business Area Siri Bengtsson: "The acquisition of the business and assets of Solidinfo.SE strengthens our service offering, creates better service value and improves customer experience."
ASIAKASTIETO GROUP PLC
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Asiakastieto Group is one of the leading providers of digital business and consumer information services in the Nordic countries. The Group's products and services are primarily used for risk management, finance and administration, decision-making and sales and marketing purposes. We are operating in Finland under the brand Suomen Asiakastieto and in Sweden under the brand UC. Asiakastieto and UC combined on 29 June 2018. Our pro forma annual net sales for 2017 was EUR 130 million and the number of employees was approximately 500. The Group serves several industries, the largest ones including finance and banking as well as wholesale and retail sectors and expert service companies. Asiakastieto Group is listed on Nasdaq Helsinki with the ticker ATG1V. More information about Asiakastieto Group is available at www.asiakastieto.fi and www.uc.se.