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Hellastat Greece Acquires Credit Info Hellas (Alpha Mi)

Hellastat and Credit Info Schufa Group announced that they have successfully concluded the transfer of 100% of shares of Credit Info Hellas to Hellastat.

Mr Panos Michalopoulos, Managing Partner of Hellastat and new CEO of Credit Info Hellas stated that “current economic conditions in Greece demands similar entities within an industry to join forces as to provide services of higher quality by exploiting economies of scale. With the acquisition of Credit Info Hellas we inherit the oldest company in the Greek business information industry that includes top caliber personnel, excellent level of services and reputable clients to whom we guarantee that the merge of the two companies will produce even better services and prices.

Hellastat, a BIIA member, is located in Athens, Greece and operates in the areas of business information, market research, decision support systems and advisory.  http://www.hellastat.com/en/index.html

Creditinfo Hellas SA is the oldest provider of credit and procurement risk management services in Greece. Creditinfo Hellas is the new look Alpha Mi, acquired with majority shareholding by Icelandic Creditinfo Group in March 2005, and known to the Greek market as Alpha Mi-Creditinfo.  Creditinfo Hellas became part of the Creditinfo Group hf and SCHUFA Holdings AG in 2009.

Source:  Hellastat

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