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Date: 23rd January 2006
Title: Prenax acquires IS Abonnements
Prenax
SAS, - the Paris-based subscription agency - has acquired all shares in
IS Abonnements. Through this acquisition, Prenax doubles in size and increases
its capacity to serve clients all over France.
"We have been talking to IS Abonnements and its founder, Alain de
Maistre, for some months and I am very pleased that today we can announce
this acquisition," says Jérôme Conquet, Country Manager, Prenax
SAS. "For thirty years, IS Abonnements has built a strong reputation
in the French market. This success is demonstrated by its constantly increasing
revenue. Prenax and IS Abonnements share the same values: customer satisfaction,
service reactivity, and staff availability, attributes that will ease
both teams' integration," Conquet continues.
"By merging the two companies and taking best practice from both,
we will now become an even stronger organisation. By becoming a part of
an international group like Prenax, IS Abonnements can benefit from other
countries' experiences and that will directly benefit customers for their
foreign subscriptions," Alain de Maistre of IS Abonnements says.
"Prenax has been the fastest growing player in the market for several
years and this operation confirms our willingness to keep on in that direction.
We will have the capability to serve even the largest organisation in
the market," Conquet concludes.
"I am very pleased that Prenax and IS Abonnements are now putting
their strengths together in the French market," says Mats Edlund,
Chief Executive Officer of the Prenax Group. "Prenax has been successfully
established in France since 2000 and the company has been very successful
in establishing the Prenax brand as one representing outstanding service
and quality. I am convinced that the acquisition of IS Abonnements will
confirm our position as quality leader even further."
About Prenax
The Prenax Group is an international subscription management firm with
its head office in Stockholm, Sweden, and was founded in 1991. The group
is represented in France, the United Kingdom. the United States and the
Nordic countries.
About IS Abonnements
IS Abonnements founded in 1976 is a French subscription management firm
with its head office in Paris France.
For further information, please contact :
Jérôme Conquet Alain de Maistre
Phone : + 33 1 55 17 77 00 or +33 1 53 20 38 90
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