Lindorff, a leading European credit management service (CMS) provider, has acquired Casus Finanse Group, the second largest CMS company in Poland. With this acquisition Lindorff expands its geographical footprint in Eastern Europe.
- Lindorff has been following the positive development of the Polish CMS market for a while and we are very pleased that we reached an agreement to acquire Casus Finanse. The company has a strong presence in the growing market and we see a great business fit between the two companies. We are very enthusiastic about the transaction and welcome Casus to Lindorff” says Klaus-Anders Nysteen, CEO, Lindorff Group.
- In the face of the current macroeconomic situation, we were looking for a strategy that will ensure the most advantageous business development path for Casus Finance and our customers. Joining Lindorff gives us the possibility to develop our business and to achieve a position at the forefront of the market in Poland” says Sławomir Szarek, president of Casus Finance Group.
Founded in 1898, Lindorff is the leading full-service European credit management service provider, offering services within debt collection and debt purchase as well as payment and invoicing services.
The company has 3700 employees in 13 countries with headquarters in Oslo, Norway. In 2015 Lindorff generated EUR 534 million in net revenue (2014: EUR 475 million).
Lindorff is majority owned by Nordic Capital Fund VIII. www.lindorff.com