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DDM Debt AB
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DDM Holding AG
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DDM closes acquisition and re-enters the Czech Republic
DDM Holding AG (First North: DDM), a multinational investor and manager of distressed assets, announces that it has signed and closed an acquisition of a portfolio of distressed assets from a bank in the Czech Republic.
“DDM is now re-entering the Czech market, and we are able to build on the experience gained from previous investments”, commented Gustav Hultgren, CEO of DDM. “This acquisition is significant as we are returning to the Czech Republic and as our investment is exceeding 5 percent of the Group’s reported book value end of June 2014”.