28, June 2022
Abion acquires Corebiz Solutions
Abion makes its second acquisition of the year by acquiring CoreBiz Solutions
Earlier this year, Abion AB acquired Otmore Limited and strengthened its position in the Nordic region as the leading player in Brand Protection. To continue its growth journey, Abion has now completed another acquisition. CoreBiz Solutions has solid experience protecting brands in the digital sphere, making it a great addition to Abion's portfolio.
- At Abion, we take care to maintain strong growth. The acquisition of CoreBiz gives us an even stronger foothold in Brand Protection, which is completely in line with our vision, says Magdalena Bonde, CEO of Abion.
- In addition to the acquisition giving us further growth, CoreBiz is an excellently managed company with a strong customer portfolio. On top of this, the team has valuable expertise that strengthens Abion. The personnel are experienced and provide a perfect complement to the current team at Abion, continues Magdalena Bonde.
Jimmy Olsson, CEO of CoreBiz Solutions, is proud and looking forward to being part of the team at Aion.
- With this acquisition by Abion our customers get access to even more services related to Brand Protection, and we are extremely pleased about that. In-house legal services and the market's best platform for brand protection are now at their disposal, says Jimmy Olsson.
The acquisition strengthens our position as the Nordic region's leading player in brand protection
This year has already seen two acquisitions, which shows that Abion is an attractive partner. To become even stronger in the Nordic region and a leader in Europe, Abion will continue with its long-term strategy and invest in both organic and acquisition growth.
- We are the only operator in the market offering a comprehensive service in brand protection with a platform at the hub of delivery. It gives us a strong starting point for continued growth, says Magdalena Bonde.
- Our vision is to become Europe's largest provider of brand protection services. With the fantastic team at CoreBiz, we are now one step closer to that goal, Magdalena concludes.
The parties have chosen not to publish the purchase price. EY Corporate Finance has acted as financial advisor and Setterwalls Advokatbyrå (Eng: Law Firm) as legal advisor to Abion in the transaction.
For more information, contact
Magdalena Bonde
VD - Abion AB
+46 76 112 00 48
magdalena.bonde@abion.com
Jimmy Olsson
VD - CoreBiz Solutions
+46 733161864
jimmy.olsson@corebiz.se
About Abion
Abion
Abion is a fast-growing and profitable SaaS company in the Brand Tech sector. Abion has a unique position in the market with 25 years of experience in digitalization as an ICANN accredited registrar and with a comprehensive Brand Protection package and software and services within Domain Management, Trade mark Management, and Cyber Security.
Central to what Abions offer is the software platform Abion Core, which brings together the portfolio of holdings, giving an optimal overview and automated management of the clients' brand protection. The platform manages domains, trade mark holdings, and cybersecurity products. Proactive protection through Abion's monitoring services secures the customer's intellectual property rights and exclusive rights.
Abion - We empower your brand: faster, smarter, better - abion.com
About CoreBiz Solutions
CoreBiz Solutions
Otmore was founded in 2015 and today is one of Europe's fastest growing IP agencies – offering products and services in the areas of trade mark protection and domain name management. Otmore manages a portfolio of over 5,000 brands and has a particularly strong market position in the sectors for fast-growing, deep tech, and digital companies.
Otmore – Protecting some of the world’s finest brands since 2015 – otmore.com
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