Press release 22.11.2006

GFKL acquires INKASSO BECKER and debifact

Essen, November 22, 2006.  GFKL Financial Services AG concluded an agreement with the managing partners of INKASSO BECKER WUPPERTAL Dieter Becker GmbH & Co. KG (IBW) concerning the acquisition of the collection agency. The acquisition is subject to the final approval from the anti-trust authorities. The parties agreed upon confidentiality as to the purchase price. In the past fiscal year, IBW posted revenues of approximately EUR 21 million.

IBW is one of the leading collection agencies in Germany. The company looks back on more than 50 years of experience as a collections expert and has been involved in the purchase of called or legally enforceable receivables for several decades. At this time, the company is handling a receivables volume of more than EUR 500 million.

In conjunction with the transaction, GFKL has also acquired debifact Debitoren-Factoring GmbH & Co. KG, which is partly owned by the same managing partners as IBW. The company has been specializing in the acquisition of receivables from the fitness industry since 1996.

Dr. Peter Jänsch, Chairman of the Executive Board of GFKL Financial Services AG: “For us, the acquisition of INKASSO BECKER, a company boasting 50 years of experience, a broad customer base and well-founded competencies inherent in its 140 staff members, is an important step towards the further expansion of our market position in the collections segment. As announced against the backdrop of continued consolidation in this interesting market, GFKL is further expanding its collections activities, which are part of the Group portfolio. Already, GFKL Group has evolved into one of Germany’s largest collection service providers."


About GFKL Financial Services AG

GFKL Financial Services AG, Essen, was founded in 1992 as a leasing company, and in recent years has developed into a specialist provider in the finance and IT sectors. With its wide range of solutions GFKL holds a USP in the German market. The company supplies solutions in the credit, collection, software and systems sectors. Based on its years of experience as a financial services company, GFKL is able to assist its clients in financing investments, organizing processes and implementing measures for safeguarding liquidity during every phase of the business process. The GFKL Group employs approximately 2,200 personnel and expects consolidated revenues to exceed EUR 1 billion during the current business year.

Media Contact 

GFKL Financial Services AG
Corporate Communications
Sven Kamerar
Phone: +49 (0201) 102-1192
E-Mail: pr(at)gfkl.com