Announced

Fiblac, Krefeld and Fairfax to acquire a 70% stake in Albingia from Eurazeo.

Synopsis

Fiblac, a family holding company managing insurance, wine and real estate companies, Krefeld, a family office of Hermès families, and Fairfax, a Canadian holding company specializing in insurance and re-insurance, offered to acquire a 70% stake in Albingia, a French insurance company specializing in risk management, from Eurazeo, a French private equity firm. Financial terms were not disclosed. With this sale, Eurazeo is reaffirming its strategy of supporting sector champions whilst generating significant value for its clients and shareholders.

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