Intrum Justitia creates strategic alliance with Coface in France
Intrum Justitia enters into a joint venture with Coface in France. The purpose
is to jointly run B2C collection business, currently owned by Coface Services.
Coface has global presence with 7 000 employees in 67 countries. The subsidiary
Coface Services is a French leader in credit information and credit services.
The joint venture will be based in Lyon and have 50 employees.
“This alliance is in line with our growth strategy and gives us an excellent
opportunity to further strengthening our position in the French market”, says
Lars Wollung, CEO and President of Intrum Justitia.
“This strategic alliance allows us to even better meet market requirements for
effective and innovative solutions. It will lead to improved anticipation of
consumer payment behaviors and thus bring enhanced performance to our clients in
debt collection services”, says Pascal Labrue, Regional Managing Director
Southern Europe.
For further information, please contact:
Lars Wollung, CEO and President
Tel: +46 8 546 10 202
Fanny Wallér, Chief Communications Officer
Tel: +46 8 546 10 208
Mob: +46 70 692 77 79
Intrum Justitia is Europe's leading Credit Management Services (CMS) group and
offers services designed to measurably improve clients' cash flows and long-term
profitability. Intrum Justitia was founded in 1923, has around 3,300 employees
in 23 markets and revenues of approximately SEK 3.7 billion. Intrum Justitia AB
is listed on Nasdaq OMX Stockholm since 2002. For further information, please
visit www.intrum.com
