DDM acquires NPL portfolio located in Poland
DDM Holding AG (First North Growth Market: DDM) announces that it has acquired a NPL portfolio containing consumer receivables located in Poland. The gross collection value (face value) of the portfolio amounts to over EUR 25 million with the acquisition financed by cash on hand.
Florian Nowotny, CEO of DDM, comments: “We continue to capitalize on our interesting investment pipeline. We this time acquire a NPL portfolio located in Poland, a large market where we see interesting future opportunities.”
The information was submitted for publication, through the agency of the contact person set out below, at 18:30 CET on 22 December 2021.
For more information, please visit DDM’s website at www.ddm-group.ch or contact:
Florian Nowotny, Chief Executive Officer
Tel: +43 664 100 1243
Fredrik Olsson, Chief Financial Officer
Tel: +41 79 331 30 17
DDM Holding AG (Nasdaq First North Growth Market, Stockholm: DDM) is a specialized multinational investor in situations arising out of the general strategic challenges in the European banking markets. This includes investments into assets and companies previously held by financial institutions, including performing and non-performing loans and special situations. DDM strives to create value for its stakeholders by combining significant expertise in financial services, credit underwriting and technology with a focus on operational excellence. DDM Holding AG is domiciled in Switzerland and was founded in 2007. DDM Debt AB (publ) (Nasdaq Stockholm: DDM DEBT 2026) is a wholly owned subsidiary of DDM Holding AG. Arctic Securities is DDM Holding AG’s Certified Adviser, address: Regeringsgatan 38, 111 56, Stockholm, Sweden, e-mail: firstname.lastname@example.org, tel: +46 8 44686100.