FCCA approves acquisition of Enfo Zender by Trust

The Finnish Competition and Consumer Authority (FCCA) accepted on 27 January 2017 the business acquisition of Enfo Zender Oy by Trust Kapital, a company specialising in invoicing and debt collection services that is owned by TrustHold Oy.

The Finnish Competition and Consumer Authority has concluded that the acquisition will not significantly impede effective competition in the Finnish market.

The parties to the acquisition do not have overlapping business operations. TrustHold is the parent company of the Trust Group. Trust’s Group company Trust Kapital TKG Group Oy specialises in invoicing and debt collection services. The companyoffers invoicing life cycle services, consisting of invoice creation, ledger maintenance and receivables management.

Enfo Zender offers its customers information exchange services for sales and purchase invoicing.

The FCCA’s decision includes business secrets of the parties involved. The decision cannot be published until the business secrets have been removed, i.e. in around two weeks’ time.

Further information: Research Officer Laura Kauppila tel. +358 (0)29 505 3335, email: firstname.lastname@kkv.fi.