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Cision Divests UK Print Monitor Operations

Cision has signed a conditional agreement to sell its UK Print Monitor operations to Durrants Ltd. Durrants Ltd is a leading company in the UK media monitor market, owned by Exponent Private Equity LLP. Cision UK’s Print Monitor operations had revenues of about 8.5 MGBP in 2008.
Cision’s UK business has been loss-making in 2008 and 2009, with an operating loss before restructuring charges of 0.7 MGBP for the...
 

New organization strengthens execution capability

As of January 1 2009, Cision will adopt the following organizational changes:

• Cision’s European subsidiaries to form one division, Cision Europe
Cision’s European subsidiaries will be combined into one division, Cision Europe. Peter Granat, currently Executive Vice President for Cision North America, has been appointed to the new role as CEO for Cision Europe, based in London, UK. The current Managing...