Acquisition of Fitrex by De Volksbank

Acquisition of Fitrex by De Volksbank

Sell | Business Services
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De Volksbank has acquired appraisal agency Fitrex. Rembrandt Mergers & Acquisitions assisted the sellers in realizing this transaction.

Fitrex B.V.
Fitrex is an independent appraisal agency that can arrange appraisals centrally from one point for both intermediaries (e.g. mortgage lenders) and private individuals. Fitrex distinguishes itself by its very experienced back office that processes every request quickly (within 24 hours), and its self-developed 'Valuation Management System' that makes it easy to keep track of the status of the valuation, but also to link appraisers to its assignments. Fitrex has more than 350 connected appraisers connected and can, in addition to appraisals, also arrange architectural inspections, energy labels and business property valuations.

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De Volksbank
De Volksbank, known from SNS Bank, ASN Bank, Regio Bank and BLG wonen, is a Dutch state bank. The bank focuses on offering mortgage, payment and savings products for private individuals. The acquisition of Fitrex fits in with the bank's strategy to strengthen the customer relationship. With the acquisition, de Volksbank is expanding its services with a complementary service within its core residential activity. This contributes to the diversification of income.

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