AxFina Romania S.R.L agreed to acquire Non-performing Loans Portfolio in Romania of Intrum AB for ?17.3 million on July 3, 2023. The portfolio contains unsecured consumer receivables and has a face value of over ?1 billion. The servicing of the portfolio will be performed by AxFina, part of the DDM group. The deal is expected to close in Q3, 2023 following clearance by the Romanian competition and FDI authorities. The transaction is expected to close on February 1, 2024. Madalina Neagu and Matei Florea of Schoenherr si Asociatii SCA acted as legal advisors to DDM Holding AG in this transaction.

AxFina Romania S.R.L completed the acquisition of Non-performing Loans Portfolio in Romania of Intrum AB on December 5, 2023.