Announced
Completed
Financials
Tags
Completed
Acquisition
Germany
Private
Italy
insurance services
Cross Border
Friendly
Majority
Full Line Insurance
Single Bidder
Synopsis
Octium Group, a firm operating in the finance and insurance sector, completed the acquisition of Credit Suisse Life & Pensions, a Credit Suisse subsidiary that focuses primarily on German and Italian insurance clients. Financial terms were not disclosed. “The acquisition of Credit Suisse Life & Pensions AG represents a further step towards the implementation of our growth strategy, positioning Octium as a leading provider in the life insurance market across the entire European Economic Area. It is highly complementary to both our existing business, from an operational, product and distribution perspective, and future business development plan," Jean-Francois Willems, Octium Chairman.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.