Bisnode sells holdings in Addnode

Bisnode has agreed to sell share holdings of 211 667 A-shares and 2 598 503 B-shares in the listed IT group Addnode. The holdings are sold to a total value of SEK 79.6 m or SEK 28.34 per share. Selling Selling the company provides Bisnode with a capital gain which gives a positive effect on this year’s profit.

Addnode was founded in 2002 when Bisnode sold a couple of holdings that together became the foundation of the listed IT Group. Addnode has developed and grown with good profitability during the whole period of investment.

” Bisnode is in a strategic expansion phase in Europe where our focus is in our core business as a provider of digital business solutions. Addnode is an IT Group where we have been active since the start which have resulted in an impressive business development and have given us a good return of investment and capital gain”, says Håkan Ramsin, acting CEO for Bisnode.

Bisnode’s business unit Service & Venture Development is responsible for central product development and greenfield projects.