DDM strengthens its presence in CEE through two portfolio acquisitions in Croatia
DDM Holding AG (First North: DDM) announces that it has agreed to acquire a distressed asset portfolio containing secured corporate receivables in Croatia from a leading international bank. The total investment amounts to approximately EUR 21 million. The acquisition is subject to regulatory approval. DDM also announces that it has entered into an agreement to acquire a distressed asset portfolio containing secured consumer receivables in Croatia from a leading bank in the region. The total investment amounts to approximately EUR 7 million.Both acquisitions will be fully financed by cash