Skrastins & Dzenis has advised Moda Kapitals on the sale of its pawnshop portfolio of consumer credits to the DelfinGroup.
According to the firm, the value of the transaction is approximately EUR 1 million.
Moda Kapitals owns 25 pawnshop branches throughout Latvia. According to Skrastins & Dzenis, the company will continue its consumer crediting business specializing in consumer credits against real estate collateral and consumer credits without collateral.
The Skrastins & Dzenis team was led by Partner Verners Skrastins and Associate Evija Abele.
Skrastins & Dzenis did not reply to our request for additional details.