Iberinform acquires an 80% share in Ignios

Press release

Madrid, 29th of September, 2016 - Iberinform acquired an 80% share in Portuguese company Ignios and its subsidiary Gestifatura.

Created in 1947, Ignios was the first company to offer commercial and financial information in Portugal providing services to more than 8,000 users. Ignios, which has been for many years the source of information in Portugal for Iberinform, has a physical presence in Lisbon and Oporto. Its subsidiary Gestifatura is specialised in the recovery of domestic and international corporate debt, and has over 20 years of experience in the Portuguese market.

This operation, after years of partnership, will allow Iberinform and Ignios to consolidate a powerful range of products and services in the Iberian market and strengthen their technical capabilities. Both companies have an aligned vision about the value and use of information and information technology. Together they can incorporate more focused and aligned strategies to harness and share vast amounts of data to help our customers grow.

Iberinform is the information services company of Credito y Caucion, the primary credit insurance company of Atradius in Spain, Portugal and Brazil.

About Atradius

Atradius provides trade credit insurance, surety and collections services worldwide through a strategic presence in 50 countries. Atradius has access to credit information on 200 million companies worldwide. Its credit insurance, bonding and collections products help protect companies throughout the world from payment risks associated with selling products and services on trade credit. Atradius forms part of Grupo Catalana Occidente (GCO.MC), one of the leading insurers in Spain and worldwide in credit insurance.

Disclaimer

The statements made herein are provided solely for general informational purposes and should not be relied upon for any purpose. Please refer to the actual policy or the relevant product or services agreement for the governing terms. Nothing herein should be construed to create any right, obligation, advice or responsibility on the part of Atradius, including any obligation to conduct due diligence of buyers or on your behalf. If Atradius does conduct due diligence on any buyer it is for its own underwriting purposes and not for the benefit of the insured or any other person. Additionally, in no event shall Atradius and its related, affiliated and subsidiary companies be liable for any direct, indirect, special, incidental, or consequential damages arising out of the use of the statements made information herein.