Announced
Financials
Sources
Tags
Pending
Private
law service
Private Equity
Germany
Acquisition
Single Bidder
Friendly
Domestic
Management Consulting
Majority
Synopsis
VHV Group, an insurance business, agreed to acquire InterEurope, a law service company specializing in international claims, from Elvaston Capital Management, a private equity firm. Financial terms were not disclosed. “With its business in the area of motor vehicle claims settlement, InterEurope AG is an excellent match for us. At the same time, InterEurope AG will be able to benefit greatly from the data and process competence of Eucon GmbH. Conversely, we expect important impulses for the further internationalization of the Eucon business by InterEurope AG for Eucon GmbH. Last but not least, our customers and our entire group will benefit from this, especially as we continue to digitize,” Thomas Voigt, VHV Group Member of the Board of Management of Composite Insurance.
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