Announced

Macif to invest €50m in Cosmobilis Group.

Synopsis

Macif, a French mutual insurer, agreed to invest €50m in Cosmobilis Group, a European automobility platform. “Partnering with a leading mutual insurance company like Macif is a fantastic opportunity to bring insurance closer to customers. With this €50 million investment, we will accelerate the commercial rollout of our platform and integrate insurance expertise. Our shared mission is clear: to make car ownership simpler, more accessible, and more responsible for everyone by building a new ecosystem of services through our digital platform, physical networks, and the connected manufacturers who trust us,” Jean-Louis Mosca, Cosmobilis Group Founder and Chairman.

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MergerLinks - Macif to invest €50m in Cosmobilis Group.