15 January 2019, 13:13 CET

Axactor Group

Press release

Axactor Sweden acquires one-off portfolio and adds a new FF agreement

Oslo, January 15th, 2019

Axactor Sweden, has acquired a small one-off acquisition and entered into a new FF agreement with another financial institution. The FF contract will be for 24 months, with both deals having a total estimated principal value of 11 mEUR across 1.000 claims. The claims are all fresh and the FF agreement will start immediately.

Lisa Sohtell, country manager Sweden, commented “This is another good acquisition for the team in Axactor Sweden, combining both an upfront acquisition with on-going business.”

This acquisition will be financed through Axactor’s existing cash and credit facilities.

For additional information, please contact:

Johnny Tsolis, CFO, Axactor
Mobile phone: +47 913 35 461
Email: johnny.tsolis@axactor.com