B2 Impact ASA, a Norwegian company specializing in the purchase and management of credit portfolios, operating in several European countries and listed on the Oslo Stock Exchange, has announced the acquisition of Zolva’s portfolios in Finland, Norway, and Sweden, along with the servicing platform of Zolva AS in Norway.
The acquired portfolios mainly consist of credits originated by financial institutions, and the transaction aims to further strengthen the company’s presence in Northern Europe. The acquisition is expected to increase the Estimated Remaining Collections (ERC) by approximately EUR 100 million.
The transaction is anticipated to close in the first quarter of 2025, pending approval from the Norwegian Financial Supervisory Authority and the Norwegian Competition Authority.