Societe Generale-backed Opteven completed the acquisition of Garanzia Mec.

Societe Generale-backed Opteven, a mechanical breakdown, vehicle maintenance insurance, and services, completed the acquisition of Garanzia Mec, a mechanical breakdown guarantee, car insurance, and component regeneration services. Financial terms were not disclosed. “Joining Opteven Group is a fantastic opportunity for Garanzia MEC, its colleagues, and its customers. We share a common vision of the future of warranties and the key role played by the circular economy in the automotive industry. Together, we are going to continue our development while providing ever more innovative and responsible solutions," Davide Mastrolia, Garanzia MEC co-founder.