Oslo, 20 December 2024: B2 Impact ASA has entered into an agreement to acquire Zolva’s portfolios in Finland, Norway and Sweden. As part of the transaction, B2 Impact ASA will also acquire Zolva’s servicing platform in Norway, Zolva AS. Zolva AS is a licensed debt collection company, collecting on the acquired Norwegian portfolios and certain third party debt collection portfolios. The portfolios in Finland and Sweden will be serviced by B2 Impact’s entities in these countries.
The transaction adds around EUR 100 million in Estimated Remaining Collections (ERC) across the three countries. The portfolios mainly constitute credits originated by financial institutions, well aligned with B2 Impact’s investment strategy for the Nordic region. The transaction reinforces B2 Impact’s presence in the Nordic market.
By leveraging its solid financial position, B2 Impact takes an active role in the ongoing consolidation in the industry through the acquisition of portfolios in core markets where the company has scale advantage.
Closing of the transaction is subject to approval by the Norwegian Financial Supervisory Authority and the Norwegian Competition Authority. These are expected in the first quarter of 2025.
For further information, please contact:
Rasmus Hansson, Head of Investor Relations and M&A
Mobile: +47 952 55 842
E-mail: rasmus.hansson@b2-impact.com
or
André Adolfsen, CFO
Mobile: +47 930 19 150
E-mail: andre.adolfsen@b2-impact.com
