Bure intends to acquire Svenska PA System and Retea
Bure intends to acquire Svenska PA System and Retea Bure Equity AB has entered into an agreement in principle to acquire all the shares in Svenska PA System AB and Retea AB from TurnIT AB. Svenska PA Group (Svenska PA System AB, Palett AB and Timerecorder Data A/S) is a leading supplier in Sweden of Human Resource Management, HRM, systems. The Group offers total solutions including services, products and production within the salaries, staff administration and time segments. The overall Nordic market for HRM systems is expected to continue to grow steadily. The market's underlying motive