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Announced

Completed

Grupo Concentra completed the acquisition of Melior Seguros.

Financials

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

Sources

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Tags

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Acquisition

Cross Border

Majority

Private

Insurance Brokers

Completed

insurance broker

Portugal

Friendly

Single Bidder

Synopsis

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Grupo Concentra, a privately owned and operated Spanish broker, composed of several. insurance and reinsurance, completed the acquisition of Melior Seguros, a company that operates in the Insurance industry. Financial terms were not disclosed. "The acquisition of Melior demonstrates our commitment to continue expanding our presence in new markets and adding equipment of high human and professional quality to our consolidation project, which will continue to develop in the immediate future with the materialization of new additions to our expansion plans," Javier López-Linares, Concentra CEO, Javier López-Linares.

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