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Lowell GFKL Group completes acquisition of Tesch Inkasso Group

Lowell GFKL Group, formed by the merger of and GFKL, completedthe purchase of German third-party collections company Tesch Inkasso Group fromAvedon Capital Partners and the other existing shareholders, with regulatoryapprovals received, the company said Sept. 30.

Tesch Inkasso CEO Thomas Dold will join Lowell GFKL Group as of the transaction.