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The combined Lindorff and Intrum Justitia acquire Mirus International

Press Release   •   Sep 22, 2017 06:00 GMT

From left to right: Marc Knothe, Dirk Klok, Derk Bloemendaal, Bert Boot, Reza Atighi andLennard Sigling.

This strategic acquisition strengthens the combined company’s position as a preferred partner of banks and financial institutions. Mirus offers solutions for complex, corporate debtors portfolios through services in the areas of: audit & consulting, valuation, monitoring and debt collection or management guidance.

"This acquisition is part of the combined company's long-term strategy to become the leading provider of credit management services for financial institutions in the Netherlands. The employees of Mirus are known for their expertise in the Dutch financial sector. Combined with the high-quality skills of the new combined company this will enable us to set a new benchmark in the sector and offer exciting opportunities for further growth," says Marc Knothe, Regional Managing Director Western & Southern Europe, of the combined organization Lindorff and Intrum Justitia.

"Mirus is known for their professional and committed approach, with integrity in mind. The specialist expertise regarding larger, more complex debtor portfolios, and innovative product development were the main drivers for this acquisition, "explains Reza Atighi, Regional Investment Director.

"Mirus is active in a niche market of credit management. This market is changing rapidly. Compliance and big data are playing an ever increasing role. Lindorff & Intrum Justitia's extensive expertise will be of added value to Mirus. In addition, through this acquisition, our customers get access to a considerably wider range of services. In short, we look forward to the future collaboration with Lindorff & Intrum Justitia! ", says Derk Bloemendaal, Director Mirus.

About Mirus:

Founded in 1996 by Derk Bloemendaal who is still one of the three members of the management team. Market leader in the Dutch market for audits, valuations and settling debt on bank guarantees. The company is based in Amsterdam, and currently has eight employees. The name Mirus will continue to exist, as a subsidiary of Lindorff Netherlands.

About Intrum Justitia and Lindorff:

On June 27th 2017 Intrum Justitia and Lindorff combined to form the industry leading provider of credit management services. Lindorff was founded in 1898 and offers services within debt collection and debt purchase as well as payment and invoicing services. Intrum Justitia was founded in 1923 and offers comprehensive services, including purchase of receivables, designed to measurably improve clients’ cash flows and long-term profitability. The combination of Intrum Justitia and Lindorff has local presence in 23 markets across Europe and a team of around 8,000 employees that are committed to promote a sound economy. The combined company had pro-forma revenues of SEK 12.9 billion for the twelve months ending March 2017 and is headquartered in Stockholm, Sweden. Intrum Justitia AB is listed on Nasdaq Stockholm. For further information, please visit www.intrum.com or www.lindorff.com

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