Creditinfo Group hf and SCHUFA Holdings AG sign Joint Venture agreement
Creditinfo Group hf and SCHUFA Holdings AG today signed an historic Joint Venture agreement, resulting in the formation of a new holding company, Creditinfo SCHUFA GmbH, registered in Wiesbaden, Germany.
The new company will be jointly managed by Reynir Grétarsson, the current CEO of Creditinfo Group and Dieter Steinbauer, current Member of the Executive Board of SCHUFA, in the capacities of joint Managing Directors.
All existing Creditinfo subsidiaries will retain their current registrations as members of Creditinfo SCHUFA GmbH.
The Joint Venture brings together the competencies of both credit risk specialist organisations under one umbrella, enabling us to offer our customers a wider range of risk management products, services and software and increase the reach of our consulting and analytical services. Together with our partners we will be serving customers in most of Europe.
Creditinfo acknowledges Straumur Investment Bank’s valuable advice during the contract negotiations. Staumur is Iceland’s largest investment bank and is headquartered in Reykjavik, with a presence in 10 countries.
At the signature, Mr. Rainer Neumann, CEO of Schufa Holding AG, Chairman of the board of Creditinfo Schufa GmbH, Mr. Reynir Grétarsson, CEO Creditinfo Group and Creditinfo Schufa GmbH, Prof. Dr. Dieter Steinbauer, COO Schufa Holding AG and Creditinfo Schufa GmbH.
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