CreditCN Business Consulting Ltd has entered into a joint venture with Credit CN Business Consulting Ltd.
The international EOS Group, an Otto Group company, has entered into a joint venture with CreditCN Business Consulting Ltd (CreditCN) to form EOS CreditCN Credit Management (Beijing) Ltd., in which EOS holds a 51% stake while CreditCN has the remaining 49%. EOS CreditCN will offer account receivables management and consulting services for companies with business interests or private customers in China.
Established in 1987 by the Chinese Academy of International Trade and Economic Cooperation and Credit Management Department of the Ministry of Commerce (MOFCOM), CreditCN was one of the first companies to offer credit management and market research services in China.
The EOS Group is a leading international provider of tailor-made services covering the entire customer relationship life cycle, from customer acquisition to electronic payment processing, debt collection and the purchasing of receivables portfolios.
Oaklins' team in Germany advised the EOS Group throughout the process, from coordination of the due diligence process and negotiations through to the successful closing of the transaction.
Talk to the deal team
Related deals
Dolmans Landscaping Group has welcomed Foreman Capital as a new shareholder to support further growth
Dolmans Landscaping Group, a leading full-service provider of landscaping services, has welcomed Foreman Capital as a new shareholder. By partnering with Foreman Capital, which has extensive experience in building stronger companies in the maintenance of public spaces, Dolmans can accelerate its growth trajectory across core verticals and further professionalize the business.
Learn moreTyler Grange has been acquired by Fidelio
Tyler Grange has been acquired by Fidelio, a Swedish growth-oriented investor. Backed by Fidelio, it has become a founding member of Myllium, a newly formed international collective of nature and sustainability specialists.
Learn moreGSP Group has secured an upsized growth refinancing package from HSBC
The GSP Group has refinanced its growth facilities through an upsized financing package provided by HSBC.
Learn more