Wolters Kluwer Legal & Regulatory today announces that it has completed the acquisition of compliance software provider Enablon. The planned acquisition was announced on May 31, 2016 and was subject to satisfaction of customary closing conditions, and completion of the employee consultation process in France.
Enablon is a leading global provider of environmental, health, safety and sustainability and operational risk management software and SaaS solutions, serving major corporations worldwide across a range of industries. Enablon generated software and services revenues of approximately €45 million in 2015, and revenues are expected to grow organically to reach approximately €55 million in 2016.
Enablon will become an operating unit of the Legal & Regulatory division, and will be able to leverage Wolters Kluwer's extensive market reach to expand its offerings globally.