Announced

Cardano Group to acquire ACTIAM from Athora.

Synopsis

Cardano Group, the pensions advisory and investment management specialist, agreed to acquire ACTIAM, a sustainable investing specialist, from Athora, an insurance and reinsurance group. Financial terms were not disclosed. "Sustainability has always been at the core of Cardano’s culture and how we run our business. ACTIAM’s approach is completely aligned with our own in this regard and we are delighted to welcome the ACTIAM team to the Cardano Group. As we start to work with our new colleagues, we look forward to introducing our pension fund and investment clients in the Netherlands and the UK to our broadened advisory and asset management proposition with ESG at its heart," Michael de Lathauwer, Cardano CEO.

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