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Wolf Theiss and CMS Advise on Acquisition of EUR 800 Million Croatian NPL Portfolio

Wolf Theiss and CMS Advise on Acquisition of EUR 800 Million Croatian NPL Portfolio

Croatia
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Wolf Theiss has advised DDM Group and B2Holding on the acquisition of Heta Asset Resolution's Croatian servicing platform and a portfolio of receivables and properties with a face value of EUR 800 million. CMS Reich-Rohrwig Hainz advised Heta on the sale, which remains subject to regulatory approval.

DDM is a specialist acquirer and manager of distressed asset portfolios in Southern, Central, and Eastern Europe. B2Holding provides debt solutions for banks and financial institutional vendors in several European countries. Headquartered in Oslo, B2Holding has operations in around 23 European countries.

The Wolf Theiss team was led by Vienna-based Partner Andrea Gritsch and included Partners Roland Marko, Gunter Bauer, Leo Hoher, Counsels Christine Siegl and Eva Stadler, and Associate Patricia Backhausen. The Wolf Theiss Zagreb team consisted of Partner Luka Tadic-Colic, Counsel Vedrana Ivekovic, and Associates Luka Colic and Borna Dejanovic.

The CMS team was led by Vienna-based Partner Alexander Rakosi. The team in Vienna included Partners Dieter Zandler and Johannes Juranek, Attorney at law Lisa Oberlechner, and Associates Marie-Christine Lidl and David Kohl. The Zagreb team consisted of Partner Jelena Nushol and Marija Zrno and Associate Ana Erceg, among others.

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