Dun & Bradstreet completed the acquisition of Stockholm-headquartered Bisnode for an enterprise value of 7.2bn SEK. The deal closed with a combination of around £625m net cash and 6,237,089 newly issued shares of common stock of the company.

The acquisition did not include Bisnode Belgium NV, a Belgian subsidiary of Bisnode, which remains under the ownership of Ratos AB.

Bisnode operates in Scandinavia, Germany, Austria, Switzerland and central European countries. The company was previously part of the Dun & Bradstreet Worldwide Network.

Anthony Jabbour, chief executive officer, Dun & Bradstreet (pictured), said: “The Bisnode territories include some of the most strategic countries in Europe and the combination of our data, analytics and solutions will allow us to bolster our international growth strategy. With these combined assets, we are well positioned to address the needs of clients seeking to grow their business, increase efficiencies and reduce their risk exposure.”

Dun & Bradstreet has also formed an international strategic advisory board to support the company’s leadership team. The new board will be chaired by Neeraj Sahai, president of Dun & Bradstreet International and include Jonas Wiström, chief executive, Ratos AB.