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New Deal


Announced

Baloise to acquire devis.ch.

Synopsis

Baloise, an insurance company, has agreed to acquire devis.ch, business to the business services provider. Financial terms were not disclosed. "Within the scope of the strategic phase Simply Safe, Baloise is concentrating its investment and development focal points on strengthening and developing its service ecosystems. “The ‘Home’ ecosystem is a focus area for Baloise. We want to offer our customers simple services. With the majority stake in devis.ch, we have taken another step toward establishing Baloise as a service provider in the ‘House & Home’ network.” Wolfgang Prasser, Baloise member of the Executive Committee.

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Market Context

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