Intrum establishing a market leading position in Italy
Intrum has entered into an agreement to acquire CAF S.p.A (CAF), the third largest servicer of non-performing loans in Italy In addition, Intrum has acquired a large, diversified debt portfolio serviced by CAF.The seller of CAF and of the debt portfolio serviced by CAF are affiliates of Lone Star Funds, a global private equity firm. The total purchase price on a cash and debt free basis for CAF and the debt portfolio is about EUR 200 million. “By acquiring CAF and the debt portfolio serviced by CAF, Intrum becomes one of the market leaders in the important Italian market, where we see