2024-10-07

Alektum Group secures strategic agreement with TF Bank regarding acquisition of Rediem Capital

Alektum Holding is pleased to announce that an agreement has been reached with TF Bank regarding the acquisition of Rediem Capital, which will become a wholly-owned Alektum Holding subsidiary, as of Q1 2025. Rediem Capital holds a banking license authorization (sv. kreditmarknadsföretag), is authorized to accept deposits, and aims to obtain status as a Specialized Debt Restructurer (SDR).

This agreement marks a pivotal step for Alektum Holding, reinforcing our position in the industry while sharpening our focus on portfolio investments.

In parallel, Alektum Group is implementing a significant strategic optimization to strengthen its market position and enhance operational efficiency. This transformation will establish two distinct and focused business pillars: Debt Collection and Portfolio Investments, each operating within separate legal entities under the Alektum Holding umbrella, allowing the company to drive growth and innovation more effectively within both areas.

As part of this optimization, all portfolio investments will be transitioned from Alektum Group to Rediem Capital via Alektum Holding, enabling Alektum Group to focus solely on its debt collection business.

With Specialized Debt Restructurer (SDR) status on the horizon, Rediem Capital has the potential to become one of the first in Sweden to achieve this status, which would bring significant advantages in terms of capital efficiency and NPL portfolio management, providing us with an even stronger competitive edge.

In parallel, Alektum Holding will have a strengthened ownership structure, with both TF Bank and Norion Bank joining as new co-owners and strategic partners, while Erik Selin Fastigheter increases its stake in the company. Together with G4 Capital, this robust group of owners will ensure long-term stability, and the resources needed for sustainable growth, reinforcing our ability to deliver exceptional service.

“The completion of this deal is a transformative moment for Alektum Group. With SDR status on the horizon and a reinforced ownership structure, we are more equipped than ever to deliver outstanding service to our clients and strengthen our competitive edge in the market.” says Linus Singelman, CEO of Alektum Holding

Moa Tyborn, Chief Communication & Marketing Officer:
moa.tyborn@alektumgroup.com or +46 (0)73 92 22 346

TF Bank’s press release

Norion’s press release