Credit Management Services (CMS) company Intrum Justitia AB (STO:IJ) on Thursday announced the signing of an agreement to acquire
Advis A/S, a credit management company in Denmark, for DKK145m on closing on a cash and debt-free basis.
Advis has strong positions in the telecom, media and utility segments.
Through
Advis A/S, we will broaden our Danish customer base, gain access to data in new client segments and improve efficiency in operations through economies of scale, says Lars Wollung, President & CEO of Intrum Justitia.
M2 EQUITYBITES-October 2, 2014-Intrum Justitia to take over Denmark's
Advis