CRIF, a company specializing in credit bureau and business information, outsourcing and processing services, and credit solution, agreed to acquire the credit information and management division of Tinexta, a digital trust, cyber security, credit information & management and innovation & marketing services provider, for €238m. “In order to increasingly fulfill the needs of our clients, the acquisition of Tinexta's Credit Information and Management division will allow us to consolidate our offering in Italy in the business information field. Moreover, this transaction is absolutely consistent with the acquisition strategy undertaken by CRIF and with our plans to accelerate business through continuous investments in the development of highly innovative solutions. Through the synergies with Tinexta's skills and experience, we are confident that in the future we will be able to offer our clients even more advanced and performing solutions,” Carlo Gherardi, CRIF Chairman and CEO.