coeo Inkasso is expanding into the Benelux region: The Rotterdam Centraal Invorderings Bureau (CIB) will in future be part of the fast-growing group from Dormagen.
The Centraal Invorderings Bureau (CIB) is a collection agency with around 50 employees. The company is one of the most modern and technologically innovative providers in the Dutch debt collection sector. CIB stands out above all for its technology-driven pioneering role in e-commerce and pay-after-delivery.
"CIB becomes part of a successful international provider. Together we will further expand our market position and service portfolio," says CIB Managing Director Niels de Peuter.
oeo Inkasso was founded in 2010 and offers fiduciary debt collection, debt purchase and credit rating information, primarily in the fields of e-commerce, retail, telecommunications and energy. More than 300 employees are currently working for coeo. With approximately 1.5 million new receivables every year, coeo is one of the leading debt collection companies in the DACH region. In February 2018, the independent private equity investment company Waterland acquired a majority stake in coeo and in the following year coeo expanded into the Austrian market with the acquisition of KNP Financial Services.
With the acquisition of CIB, coeo has now succeeded in entering the Benelux market. At the same time, CIB will benefit from its integration into the coeo group, particularly through access to a stable, extensive industry network. "coeo and CIB complement each other perfectly. We are very pleased about this increase in competence and presence, which brings us an important step forward in the implementation of our development strategy," explains coeo managing director and co-owner Dr. Tom Haverkamp.
June will also see a further strengthening of the management team: Elias Reitter comes from Arvato Financial Solutions, where he most recently served as Chief Strategy Officer, and will be responsible for the further internationalization of coeo, while Sebastian Ludwig, as Chief Executive Officer of the DACH region, will in future be responsible for the collection business in Germany, Austria and Switzerland, thus jointly managing the group with Elias Reitter.
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