Quaestio Cerved Credit Management S.p.A. carries out via its fully owned subsidiary Juliet S.p.A., servicing activities of non-performing loan portfolios. Cerved Group S.p.A., listed on the MTA segment of Milan Stock Exchange, is the largest information provider and credit servicer in Italy.
On January 30th, 2020 Cerved Group announced the acquisition of 50.1% of the capital of Quaestio Cerved Credit Management S.p.A. from Quaestio Holding S.p.A.. Cerved Group completed the acquisition through its direct subsidiary Cerved Credit Management Group S.r.l..
As an effect of the acquisition, Cerved Credit Management Group is now the sole shareholder of Quaestio Cerved Credit Management, already fully consolidated within the Cerved Group. With this acquisition, Cerved has anticipated reaching a 100% stake in Quaestio Cerved Credit Management, which was originally expected in 2021 in virtue of call options within the context of the industrial partnership between Cerved Group and Quaestio Holding.
The price paid by Cerved Group S.p.A. for the 50.1% of the capital of Quaestio Cerved Credit Management S.p.A. is EUR 43.25 million (financed using the group’s available cash balances).
Colombo & Associati
Advised in the sale of
Quaestio Cerved Credit Management S.p.A. (Juliet S.p.A.)
to