Accountor Group, the leading financial management and payroll accounting
service provider in the Nordic countries, has acquired the remaining
49% of the shares in the Swedish company PBK Outsourcing, having
previously (March 21, 2007) acquired a 51% holding.
Founded in 1992, PBK Outsourcing is one of Sweden's largest providers of
financial management outsourcing and debt collection services.
The company achieved an organic growth rate of 18% last year. PBK has about 2,000 customer
companies of varying sizes in Sweden and a turnover of EUR 11 million. It also has subsidiaries in Norway and the Netherlands.
PBK will continue its operations under its own name as a member
of the international Accountor Group. The company's 90
employees and management will be kept on, and the sellers of PBK shares
will become Accountor Group´s shareholders.
After this acquisition, Accountor Group has subsidiaries in Norway,
Sweden, Denmark, the Netherlands, Russia and Estonia, and a total of
some 400 employees abroad.
Asko Schrey, President
Puh. 040 500 16 55