ADVISAdvances in Information Systems
ADVISAssociation of Delaware Valley Independent Schools
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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