DEBUG: PAGE=domain, TITLE=View all Vendors,ID=1466,TEMPLATE=vendors
toggle expanded view
VENDORparam =
Title = View all Vendors
Description =

Search across all vendors:


Intrum Justitia Acquires Profidebt s.r.o., to Strengthen Purchased Debt & Credit Management Businesses in the Czech Republic

Mergers and Acquisitions

by NelsonHall Analyst

published on Feb 03, 2014

Intrum Justitia has acquired Profidebt s.r.o. for €31m to strengthen its purchased debt and credit management businesses in the Czech Republic.

Profidebt purchases and recovers mature debts from financial institutions. It has ~70 employees which will be integrated with Intrum Justitia’s Czech unit of ~30 employees.

The purchase includes Profidebt’s existing purchased debt portfolios and cash generated from forward flow contracts.

The acquisition was consolidated from February 2014.

Analyst comments:


Rate this article

rate this
No votes