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News : Transcom Enters Agreement to Divest Danish Credit Management Services
Stockholm, Sweden February 2016 -- Transcom WorldWide AB (publ) announced that the company has signed an agreement to divest its Danish Credit Management Services operations. (CMS Denmark)
CMS Denmark was part of Transcom’s North Europe region in 2015.
"I am delighted that the current management team will continue to successfully run CMS Denmark, now as a stand-alone company together with a strong financial partner. This transaction concludes the divestment of Transcom’s former CMS business unit, in line with our strategy to strengthen Transcom’s position in our core business – outsourced customer care solutions (CRM). While early collections services, e.g. payment reminder calls, are an integrated part of our core CRM business, the business model in CMS Denmark – contingent and legal debt collections – is entirely different", commented Johan Eriksson, President & CEO of Transcom.
The transaction is expected to close in March 2016
Posted by: Laura Collins, Editorial Management
Today's Tip of the Day - Minimize Change
More Editorial From Transcom WorldWide
About Transcom WorldWide:
Transcom's staff of skilled customer service employees handle more than two million contacts per month on behalf of clients that range from small and mid-sized businesses to a "blue chip" list of large multi-national companies. It's a truly global corporation that manages a fast-growing customer base from U.S., Canadian and overseas companies in financial services, telecommunications, cable broadcasting, automotive, entertainment and other market sectors.
Published: Wednesday, March 2, 2016