Stockholm, Sweden – August 3, 2026 – Brocc Finance AB ("Brocc"), a Specialized Debt Manager authorized as a Swedish credit institution today announced that it has entered into an agreement with Norion Bank AB (publ) (“Norion”) to acquire a portfolio of non-performing loans ("NPL") held by Norion, a Swedish niche bank. The portfolio is comprised of over 500,000 individual exposures with a tota
Stockholm, Sweden – July 10, 2026 – Brocc Finance AB ("Brocc"), a Swedish credit institution, today announced that it has completed the acquisition of the remaining 35% minority interest in unsecured non-performing loan ("NPL") portfolios previously held through a joint venture between Brocc and Intrum AB ("Intrum"), a leading European credit management services company. As a result, Brocc has
Stockholm, Sweden – January 12, 2026 – Brocc Finance AB (“Brocc”), a Swedish credit institution, today announced that it has entered into binding agreements with Intrum AB (“Intrum”), a leading European credit management services company, to acquire Intrum’s remaining 35% minority interest in unsecured non-performing loan (“NPL”) portfolios currently owned through a joint venture between the
Brocc has acquired over SEK 430 bn in unsecured NPLs from Cerberus, becoming one of Europe’s largest NPL acquirers and advancing toward SDR status.
Cerberus has acquired BROCC Finance AB following SFSA approval. BROCC, operating in Sweden and Finland, offers consumer loans and savings through a technology-driven platform. Under Cerberus, BROCC will expand its consumer finance business and enter European NPL portfolios as a specialized debt restructurer.