Din Del to purchase Kataloger i Norr AB

Eniro’s local directory subsidiary in Sweden Din Del AB is acquiring Kataloger i Norr AB, which is the market leader in local directories in Norrbotten and Västerbotten counties.

Din Del is purchasing Kataloger i Norr AB, which publishes local directories for eight communities in Northern Sweden. The purchase price consists of a fixed amount of SEK 8.5 M plus a variable payment of at most SEK 8.5 M based the development over a three-year period.

Kataloger i Norr AB will be consolidated in Din Del as of June, 2006. The acquisition is expected to contribute about SEK 10 M in increased sales and with about SEK 4 M in EBITDA to Din Del and Eniro for 2006.

“With the acquisition of Kataloger i Norr. Din Del further strengthens its market leading position within the local directories segment, in the Northern region as well as in Sweden as a whole,” says Peter Kusendahl, president of Din Del.

The seller of Kataloger i Norr AB is Modern Media i Norr AB, based in Skellefteå.

Kataloger i Norr AB
Kataloger i Norr AB is a directory company that since 2003 has published directories for the municipalities of Arjeplog/Arvidsjaur, Boden, Luleå, Piteå and Skellefteå. In 2004, directories for Haparanda and Jokkmokk were added. The company, which is located in Skellefteå, had sales of SEK 14 M in 2005. Read more at www.katalogerinorr.se

Din Del AB
Din Del is a subsidiary of Eniro that publishes the Din Del® local directory for 183 regions throughout Sweden. Din Del is Sweden’s most frequently used local directory with information about companies in a city or city district. Din Del has offices in 14 locations and also publishes the B2B directory Emfas. Read more at www.dindel.se