Debt purchaser Experto Credite has acquired the credit management operations, staff, premises and collection activities of the UK arm of Intrum Justitia. The new agreement sees Experto Credite assuming responsibility for all staff and premises in Liverpool with effect from 1 September 2011.


Lars Wollung, chief executive and president of Intrum Justitia, called the move an important strategic step which would allow Intrum to focus resources on the sourcing of new portfolios. He did not state whether these portfolios would be sourced in the UK. Intrum Justitia currently employs around 35 people at its UK office in Liverpool, all of whom will be transferred to Experto Credite, which will support any future acquisitions of debt portfolios by...Read more on this story here---> Experto snaps up Intrum’s UK arm