Further to the announcement on 3 May 2011, Experian, the global information services company, is pleased to announce that it has completed the acquisition of a 98% holding in Computec S.A. for the equivalent of US$380m. Computec is a leading Latin American credit services information provider based in Colombia.
The acquisition of Computec further strengthens Experian’s Latin American presence, building on the leading market position Experian has established in Brazil. Computec is a unique asset, with the market leading credit bureau in Colombia.
Don Robert, Chief Executive Officer, Experian, said:
“This acquisition is another important step in our strategy to develop Experian’s presence in fast growing emerging consumer economies. The combination of our global expertise and Computec’s market leadership means that we are well placed to accelerate our growth in Colombia.”
| Experian | ||
| Nadia Ridout-Jamieson | Director of Investor Relations | +44 (0)20 3042 4215 |
| James Russell | Communications Director, UK and EMEA | |
| Finsbury | ||
| Rollo Head | +44 (0)20 7251 3801 | |
| Don Hunter | ||
Experian is the leading global information services company, providing data and analytical tools to clients in more than 80 countries. The Group helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. Experian also helps individuals to check their credit report and credit score, and protect against identity theft.
Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended 31 March 2011 was US$4.2 billion. Experian employs approximately 15,000 people in 41 countries and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and São Paulo, Brazil.
For more information, visit www.experianplc.com