25 January 2017 – El Economista
Lindorff España and Aktua have announced that they are going to unify their management and services teams, although both companies will continue to operate as independent legal entities and will retain their respective Boards of Directors, with the aim of consolidating the leadership position of both companies in their sector in Spain.
The current CEO of Lindorff España, Alejandro Zurbano, will be responsible for leading the organisation, together with the management and services of Aktua and Lindorff España, and so will become the CEO of the Lindorff Group’s entire business in Spain.
Meanwhile, Enrique Dancausa will be the group’s new Head of Real Estate Services at the global level. In this way, he will be responsible for developing the Lindorff Group’s strategy at the international level in the area of real state asset management.
The CEO of the Lindorff Group, Klaus-Anders Nysteen, has identified Spain as “an important growth market” for the company and has assured that, thanks to the union between Lindorff España and Aktua, the group will add the management of real estate assets to its global strategy, “a complete and new business area”, which will become “a fundamental part” of its business.
Following the acquisition of Aktua by Lindorff in June 2016, Banco Santander now holds 15% of the company’s shares; no changes in the ownership structure are forecast for the near future.
With the integration of both teams, Lindorff is seeking to: strengthen and consolidate its leadership position in Spain; give coverage to the full credit cycle; and offer comprehensive solutions for the recovery of debt and management of assets.
In terms of the merger between Lindorff and Intrum Justitia announced in November, the company has confirmed that it is planning to close that operation during the second quarter of 2017.
Original story: El Economista
Translation: Carmel Drake