Intrum Justitia completes acquisition of 1st Credit
As previously reported, Intrum Justitia concluded on November 10 2016 an agreement to acquire 1st Credit, a company active in purchased debt in the United Kingdom. On February 14 2017, Intrum Justitia completed the acquisition. 1st Credit will be consolidated from February 2017.
For further information, please contact:
Erik Forsberg, CFO
Tel: + 46 8 546 102 02
Intrum Justitia is Europe’s leading Credit Management Services (CMS) group, offering comprehensive services, including purchase of receivables, designed to measurably improve clients’ cash flows and long-term profitability. Founded in 1923, Intrum Justitia has some 4,000 employees and operations in 20 markets. Consolidated revenues amounted to about SEK 6.1 billion in 2016. Intrum Justitia AB is listed on Nasdaq Stockholm since 2002. For further information, please visit www.intrum.com