DDM Holding AG (OM:DDM) agreed to acquire Intrum's entire NPL portfolio in Romania for €17.3 million on July 3, 2023. The portfolio contains unsecured consumer receivables and has a face value of over €1 bn. The servicing of the portfolio will be performed by AxFina, part of the DDM group.

The deal is expected to close in Q3, 2023 following clearance by the Romanian competition and FDI authorities. Madalina Neagu, Matei Florea and team of Schoenherr si Asociatii SCA acted as legal advisors to DDM Holding AG in this transaction.