IFLR1000

DDM Group and B2Holding acquisition of Heta NPL portfolio

31/5/2019
Non-Performing Loan (NPL) portfolio sale
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Completed

31/5/2019

Overview:

  • Multinational investor DDM Group and debt collection company B2 Holding have acquired a portfolio of distressed assets from HETA Asset Resolution.
  • The face value of the portfolio amounts to €800 million.
  • The acquisition was made via 50/50 joint venture. 

Rajeeb Gurung - Researcher

Jurisdiction:

Croatia

Deal type:

Non-Performing Loan (NPL) portfolio sale

Practice areas:

Banking and finance
Banking

Governing laws:

Austria
Croatia

Industry sector:

Banking

Firms:
CMS

Party: HETA Asset Resolution (Seller)

Lawyers: Dieter Zandler, Jelena Nushol Fijačko, Marija Zrno Prošić

Wolf Theiss

Party: DDM (Acquirer)

Party: B2Holding (Acquirer)

Lawyers: Andrea Gritsch, Leopold Höher, Luka Tadić Čolić

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