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Reed Business Buys UK-Based B2B Marketplace Site ApprovedIndex

By Rafat Ali - Thu 12 Jun 2008 07:59 AM PST

Reed Business Information, which itself is in the process of a messy sale, has made an acquisition through its UK arm RBI UK: it bought out UK-based B2B marketplace and lead gen site ApprovedIndex. The terms were not disclosed. AI is an online B2B marketplace matching business buyers and suppliers across the UK...it operates in about 100 sectors in categories such as website designers, management training, marketing companies and photocopiers. This buy is similar to RBI USA’s acquisition of BuyersZone early last year, which was also in the B2B marketplace space. It will also compliment RBI’s existing online directory Kellysearch. More details in the release.

Posted in: Countries, UK & Europe, Information, Biz & Fin, VC+M&A, Mergers & Acquisitions

Tags: reed business information, reed elsevier, approvedindex,


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