Ratos strengthen its cash position in the continued growth journey – divests all shares in Dun & Bradstreet
Ratos has divested all its 4,358,257 shares in Dun & Bradstreet to a value of approximately SEK 725m.
The shares accounted for 25 percent of the purchase price when Ratos divested Bisnode to Dun & Bradstreet for a purchase price based on an approximate enterprise value of SEK 7,200m, representing an EV/EBITA multiple of 13,8x, in 2020.
The deal will have a negative impact on Ratos’s EBITA for the second quarter 2022 of approximately SEK 18m.
“Ratos’s value creation is based on, among other things, organic growth and industrially sound acquisitions. Through the sale of the Dun & Bradstreet shares, we are further strengthening our cash position for the continued growth journey” says Jonas Wiström, President and CEO, Ratos.
Jonas Wiström will continue to be part of the Dun & Bradstreet International Strategic Advisory Board. Dun & Bradstreet is listed on the New York Stock Exchange.
For further information:
Josefine Uppling, VP Communication, Ratos, +46 76 114 54 21
About Ratos
Ratos is a business group consisting of 14 companies divided into three business areas: Construction & Services, Consumer and Industry. In total 2021, the companies have approximately SEK 25 billion in net sales. Our business concept is to own and develop companies that are or can become market leaders. We have a distinct corporate culture and strategy – everything we do is based on our core values: Simplicity, Speed in execution and It’s All About People. We enable independent companies to excel by being part of something larger. People, leadership, culture and values are key focus areas.
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