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This article was published on 11 October 2014 at 11:07.
The multinational bolognese Crif announced the acquisition of Dun & amp; Uae Bradstreet, the company that provides the services Dun & amp; Bradstreet in the United Arab Emirates by Dun & amp; Bradstreet south Asia Middle East. The company did not disclose the value of the deal but this seems to be somewhere between 10 and 15 million.
This acquisition further strengthens our leadership position within the CRIF of business and credit information and solutions risk management, and allow us to operate as a member of D & amp; B Worldwide Network for the United Arab Emirates. Established in Dubai in 2004, Dun & amp; Uae Bradstreet is the leading provider of data and business information in the region. Provides services and business information to companies in the Emirates, with information on approximately 400 thousand enterprises.
CRIF, specializing in the development and management of credit information systems and business information, is headed by Carlo Gherardi and the last seven years has tripled its turnover (305 million euro in the last final) thanks a flurry of acquisitions, from the United States to China. The acquisition of Dun & amp; Bradstreet UAE is part of the overall development strategy of CRIF, with the stated aim of providing even on the market in Southwest Asia service and value-added products.
The United Arab Emirates is a region characterized by a high rate of growth and in recent years have been able to consolidate its strategic role in the area thanks to its ability to attract investment at the international level. Finally, the fact that Dubai has been chosen to host the 2020 edition of the Expo, coinciding with the 50th anniversary of the founding of the Emirates, is designed to Crif to produce a further acceleration in the processes of development and foreign trade.
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