DDM acquires a distressed asset portfolio located in Romania
DDM Holding AG (First North Growth Market: DDM) announces that it has acquired a distressed asset portfolio containing consumer receivables located in Romania. The gross collection value (face value) of the portfolio amounts to approximately EUR 90 million with the acquisition financed by cash on hand. Henrik Wennerholm, CEO of DDM, comments: “The trend of investment activity in the European market for non-performing loans (“NPL”) is increasing following the end of loan moratoria implemented across the SCEE region in response to the COVID-19 pandemic. I am pleased to announce that we