Reducing Activities: company scaling back some business operations while continuing others
Stay Scaling Back
The EOS Group is a holding company that operates financial services companies with locations in Europe, the United States and Canada. Its core activity is receivables management including receivables purchasing and debt collection. The group, which has its headquarters in Hamburg, is part of the Otto Group.
Reducing Activities: company scaling back some business operations while continuing others
Stay Scaling BackThe German EOS Group, which owns one of the largest collection companies in Russia, is preparing to exit this business, two sources in the financial market told RBC. According to one of them, foreign shareholders of the Russian EOS were negotiating with at least four potential buyers. The German EOS Group has decided on a potential buyer of its collection agency in Russia — the asset can be purchased by the structures of Gazprombank (GPB). German EOS Group, which owns one of the largest collection companies in Russia, has changed its mind about selling its subsidiary to Gazprombank (GPB) structures, two sources in the financial market told RBK. According to one of them, the foreign shareholders of the Russian EOS have “withdrawn from the deal”; negotiations that have been ongoing since at least the fall of last year are no longer ongoing. It became known in the spring of 2024 that EOS Group had begun looking for a buyer for its business in Russia.