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B2 Impact ASA to acquire the Nordic assets of Zolva
20 Dec 2024 16:12 CET
Issuer
B2 Impact ASA
Oslo, 20 December 2024: B2 Impact ASA has entered into an agreement to acquire
Zolva's portfolios in Finland, Norway and Sweden. As part of the transaction,
B2 Impact ASA will also acquire Zolva's servicing platform in Norway, Zolva
AS. Zolva AS is a licensed debt collection company, collecting on the acquired
Norwegian portfolios and certain third party debt collection portfolios. The
portfolios in Finland and Sweden will be serviced by B2 Impact's entities in
these countries.
The transaction adds around EUR 100 million in Estimated Remaining Collections
(ERC) across the three countries. The portfolios mainly constitute credits
originated by financial institutions, well aligned with B2 Impact's investment
strategy for the Nordic region. The transaction reinforces B2 Impact's
presence in the Nordic market.
By leveraging its solid financial position, B2 Impact takes an active role in
the ongoing consolidation in the industry through the acquisition of
portfolios in core markets where the company has scale advantage.
Closing of the transaction is subject to approval by the Norwegian Financial
Supervisory Authority and the Norwegian Competition Authority. These are
expected in the first quarter of 2025.
For further information, please contact:
Rasmus Hansson, Head of Investor Relations and M&A
Mobile: +47 952 55 842
E-mail: rasmus.hansson@b2-impact.com
or
André Adolfsen, CFO
Mobile: +47 930 19 150
E-mail: andre.adolfsen@b2-impact.com
About Us
B2 Impact (previously B2Holding ASA) is one of the leading pan-European debt
management companies. B2 Impact is headquartered in Oslo, Norway and employs
around 1,700 people across the markets we operate in. B2 Impact offers
solutions to the challenges created by defaulted loans. We provide liquidity
to financial institutions, contributing to a healthier financial system. And
we impact the financial situation of our customers by offering sustainable
solutions to handle their debt. We promote lasting financial improvement
through transparent and ethical debt management.
More information:
Access the news on Oslo Bors NewsWeb site
635488_B2 Impact ASA to acquire the Nordic assets of Zolva.pdf
Source
B2 Impact ASA
Provider
Oslo Børs Newspoint
Company Name
B2 Impact ASA, B2 Impact ASA 22/26 FRN EUR FLOOR C, B2 Impact ASA 24/29 FRN EUR FLOOR C
ISIN
NO0010633951, NO0013138966, NO0013330522
Symbol
B2I
Market
Oslo Børs