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New Deal


Announced

Completed

Athora completed the acquisition of VIVAT from Anbang.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Netherlands

insurance services

Full Line Insurance

Private

Single Bidder

Majority

Completed

Synopsis

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Athora, a specialised insurance and reinsurance group, completed the acquisition of VIVAT, one of the largest insurers in the Netherlands, from Chinese Anbang. Financial terms were not disclosed. "We aim to invest in the life business in the Netherlands and deliver value not only to VIVAT's existing customers, but also to Dutch consumers overall. New product introductions, competitive pricing and a renewed focus on a broad spectrum of customer services will be part of our offering. We kindly welcome the VIVAT employees to the Athora family and look forward to working together in the future to build on the already strong reputation of the VIVAT brands." Michele Bareggi, Athora CEO.

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