Alektum Group Acquires Credit Management Company in Belgium

Alektum Group has acquired the Belgian division of Vesting Finance. The acquisition was effective 31 December 2018.

The agreement will contribute to a significant expansion of Alektum Group’s capabilities in Belgium, thus enabling Alektum Group to further enhance its offering towards customers in the area.

"The acquisition of Vesting Finance NV, the third largest player in the Belgian market, is an integral part of our growth strategy. By capitalising on operating synergies, we see a huge potential for increased operational efficiency and a broader range of high-quality services for our customers,” says Mats Augurell, CEO of Alektum Group. “Vesting Finance NV is a well-run operation both in terms of profitability and customer satisfaction, and the acquisition will help us realise growth in the region.”

“This acquisition will position us as one of the major players in the Belgian market. It adds to our operational capabilities, strengthens our local presence, expands our customer base and brings knowledgeable, experienced people to the company,” says Jan Verrept, Country Manager Alektum Group, Belgium. “I look forward to welcoming the Vesting Finance NV team. Together, we will leverage our competences and resources to shape a prosperous future for the company.”

“We are excited to become a part of Alektum Group, an innovative European company providing financial services, that shares our strong customer commitment, core values and business model,” says Sofie Verschraegen, Sales Director at Vesting Finance NV “We are certain that together we will be able to provide our customers with high quality, competitive services, tailormade for future market needs.”