Europe’s Top Debt Collector Says $2 Billion Deal Not Enough


Intrum Justitia AB says a decision this month to merge with Norwegian rival Lindorff doesn’t mean its acquisition spree is over as Europe’s biggest debt collector plans to keep buying credit management companies and debt portfolios. Chief Executive Officer Mikael Ericson says he won’t let the current merger process take his focus off the existing business and “the agenda we have.” In an interview in Stockholm on Wednesday, the CEO said “we don’t feel that we in any way, as Intrum Justitia or as the combined company, need to lower the pace of investments.”