Announced

Completed

Cobepa-backed Ascential completed the acquisition of Eurodommages.

Synopsis

Cobepa-backed Ascential, a British-headquartered global company, specialising in events, intelligence and advisory services, completed the acquisition of Eurodommages, an automotive insurance brokerage firm. Financial terms were not disclosed. "This acquisition marks an important milestone in our ambition to become a European clear leader in specialty motor insurance, while strengthening our position in high-value B2B specialty lines. We look forward to partnering with Yann and his team, as this acquisition will open up numerous new opportunities to consolidate our leadership in France and expand internationally,” Julien Ben Lahcen, Ascentiel CEO.

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