Business decisioning data specialist  Dun & Bradstreet has announced that it has entered into a definitive agreement to purchase the outstanding shares of Bisnode Business Information Group, a European data and analytics firm for $818 million,

Uaid Anthony Jabbour, Chief Executive Officer at Dun & Bradstreet said “We are pleased to bring Bisnode into the Dun & Bradstreet family following a nearly two-decade strategic alliance.”

“The powerful combination of our data, analytics and innovative solutions, paired with Bisnode’s deep client relationships and expertise in European markets will provide our existing and future clients with vital business intelligence to support their own growth ambitions. We look forward to welcoming the Bisnode team to Dun & Bradstreet and to working together to grow the global business.”

Neeraj Sahai, President of Dun & Bradstreet International said“Integrating our two leading organizations provides significant opportunity to deliver a broader product set to a substantially larger global client base. As the international business community becomes increasingly data-driven, we look forward to combining our teams to unlock further potential, drive innovation and deliver solutions that are tuned to client and market needs,”

“Over the past years, Bisnode has undergone a successful development where the focus has been on stability and profitability. Future growth aimed at taking a leading position requires that Bisnode participate in the consolidation that is taking place in the increasingly global market for data and analytics. We are convinced that Dun & Bradstreet is the best possible partner to lead this consolidation. The combined strengths of our assets and capabilities will greatly serve our respective clients, increase competitiveness and position Dun & Bradstreet/Bisnode for long-term growth. I look forward to joining the Dun & Bradstreet International Strategic Advisory Board.”