(Oslo ,26 October 2021 )Axactor SE (Axactor , OSE: ACR) has today successfully secured 100% of the shares in the Italian debt collection agency C.R. Service - Credit Recovery Service S.r.l (CRS). The company is managed from the headquarter inGrosseto (Tuscany ) and has a contact center in Milazzo (Sicily ) with in total 155 employees. After the transactionAxactor will have a strong footprint with 279 employees inItaly . CRS is a top-5 independent 3PC-player in the Italian bank and finance segment. The acquisition supportsAxactor's strategy of strengthening the position in existing countries, improving capabilities on 3PC and preparing for post-pandemic volumes and new signed contracts inItaly . "The acquisition will give a fantastic operational platform to enable future 3PC-growth" saysAntonio Cataneo , Country Manager, Axactor Italy. Credit Recovery Service had a total income ofEUR 6.2m and an EBITDA ofEUR 0.9m in 2020. The transaction is expected to close by the end of the year. For additional information, please contact:Johnny Tsolis , CEO,Axactor , tel: +47 913 35 461, e-mail: johnny.tsolis@axactor.comKyrre Svae , Chief of Strategy & IR,Axactor , tel: +47 478 39 405, e-mail: kyrre.svae@axactor.com
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