Link Financial Group (“Link”), part of LC Financial Holdings, has announced the completion of their acquisition of 100% of the shares of Obligo S.A., the Polish credit management company based in Łódź.
Obligo has a 20-year track record and deep experience in the industry having serviced more than 400,000 cases with a nominal value exceeding 1.7 billion PLN across performing and non-performing assets. The company will continue to operate from its headquarters in Łódź and an office in Wrocław, and will be managed by the same experienced senior team.
Tomasz Kisiel CEO at Obligo said:
“All of Obligo’s management as well as our 70-strong team are delighted to join the Link Financial Group, an international operation with an unparalleled track record and breadth of experience. This is a move which will further enhance our already strong capabilities in Poland”.