Luxemburg, 11th January 2024 - Creditsafe Group, the global experts in credit data and risk information, announces the acquisition of the entire business information unit of Editus Luxembourg S.A.
The ‘Business Information’ business unit is part of Editus Luxembourg S.A. and its total assets have been acquired in full by Creditsafe per 31 of December 2023. This includes the operational activities, customers and data. Similarly, staff will join Creditsafe Group to continue and expand services in Luxembourg.
Both Editus and Creditsafe focus on providing customer-focused information solutions to accelerate their customers' long-term growth and economic stability. The acquisition will allow Editus to fully focus on its existing core services.
Creditsafe will further develop the acquired high-quality Luxembourg business information database with international linkages and new risk and compliance products to help both local companies in Luxembourg and global clients continue to grow their businesses. Creditsafe is based in Luxembourg city and will actively provide the business information services to the local market under the name ‘GraydonCreditsafe Luxembourg’.
Editus and GraydonCreditsafe Luxembourg will in this way drive innovation and increase customer value for both parties. The parties have expressed their intention to work together in the future.
"Creditsafe was looking for an opportunity to further expand its position throughout the Benelux region. Our acquisition of Graydon Group in 2022 resulted in a very strong position in the Netherlands and Belgium. Our global strategy requires a strong presence in key markets, so strengthening our position in Luxembourg was a logical next step", says Gertjan Kaart, Regional Head of Creditsafe Benelux-DE-AT.
"We want to accelerate our growth in these markets and further develop our leading market position in Europe", says Cato Syversen, CEO Creditsafe Group.
GraydonCreditsafe Luxembourg, 6, Rue Jean Monnet, L-2180 Luxembourg
Editus Luxembourg S.A., 208, Rue de Noertzange, L-3670 Kayl
Creditsafe, the global business intelligence experts, are the world’s most used providers of business reports. Today 120’000 customers globally depend on Creditsafe to make critical business decisions. Using real-time data from over 9’000 sources across 160+ countries Creditsafe provide its customer with clarity over their commercial landscape, allowing them to confidently optimise risk within their business.
For over 50 years, Editus has been helping companies with their local marketing - historically through directories and referencing, and more recently by managing their presence on the most widely used digital platforms.
With its new brand, NEO, Editus has repositioned itself as a marketing agency, making data its key differentiator. The Neo agency offers a range of innovative data services: a geomarketing solution to target marketing campaigns more effectively and facilitate certain business decisions, a comprehensive corporate database with a CRM approach, and specific support in setting up campaigns for optimum ROI.