Axactor acquires an Auto Loan Portfolio in Spain from major European car manufacturer
Oslo, 16 October 2017 - Axactor has acquired an Auto Loan Portfolio in Spain from one of the major European car manufacturers, the total outstanding balance was close to EURO 100m and there were more than 10.000 claims in the portfolio. The portfolio contains a high level of cases in the legal process and contains a high quality of data and documentation. The acquisition will be closed with a co-investment partner, Plataforma Legal, taking a minority interest along with providing specialist collection services. The combination of Axactor and Plataforma Legal was a key factor in successfully