Tryg - M&A Summary and Business Overview

InsuranceCompany

Tryg M&A Summary

Tryg has acquired 1 company, including 1 in the last 5 years. It has also divested 1 asset.

Tryg’s largest acquisition to date was in 2020, when it acquired RSA Insurance Group for $11.1B. It’s largest disclosed sale occurred in 2021, when it sold Codan Forsikring A/S to Alm. Brand A/S for $1.9B. The Company’s most targeted sectors include insurance (100%).

Tryg Business Overview

Where is Tryg headquartered?

Tryg is headquartered in Ballerup, Denmark.

What is Tryg’s revenue?

Tryg disclosed revenue of 40,207M DKK for 2023 and 33,909M DKK for 2022.

How many employees does Tryg have?

Tryg has 6,734 employees.

What sector is Tryg in?

Tryg is an insurance company.

When was Tryg founded?

Tryg was founded in 1731.

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity1
    • M&A Sell Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2

Tryg

Tryg A/S

Klausdalsbrovej 601,
Ballerup, 2750
Denmark,
+45 70 11 20 20
www.tryg.com

Tryg is an operator of non-life insurance companies in the Nordic region with activities in Denmark, Norway, and Sweden. Tryg provides insurance services for more than 4 million customers on a daily basis. Tryg was founded in 1731 is based in Ballerup, Denmark.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # - 1 - - - - 1
vol $11.1B $11.1B
Sell (0.2/yr) # - - 1 - - - 1
vol $1.9B $1.9B
  2

Most Recent M&A

Company Date Value Type
Codan Forsikring A/S 2021-06-11 1.9B DKK Divestiture
Copenhagen,, Denmark · www.codan.dk
RSA Insurance Group plc 2020-11-18 11.1B GBP Add-on Acquisition
London, United Kingdom · www.rsagroup.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
RSA Insurance Group plc 2020-11-18 RSA Middle East B.S.C. 2022-04-04 1
London, United Kingdom · www.rsagroup.com Bahrain, United Arab Emirates

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 1 (100%) 11.1B (100%) 1 (100%) 1.9B (100%)
Total 1 $11.1B 1 $1.9B

By Geo

State/Country Buy Value Sell Value
Denmark - - 1 1.9B
United Kingdom 1 11.1B - -
Domestic - - 1 (100%) 1.9B (100%)
Cross-border 1 (100%) 11.1B (100%) - -
Total 1 $11.1B 1 $1.9B

Deal Values

buy # Total
> $1B 1 $11.1B
TOTAL $11.1B
Largest RSA Insurance Group plc
$11.1B (2020-11-18)
sell # Total
> $1B 1 $1.9B
TOTAL $1.9B
Largest Codan Forsikring A/S
$1.9B (2021-06-11)

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

Company Summary

SECTOR

Insurance

Revenue

40,207   19% 2023
33,909   42% 2022
23,905   6% 2021
22,562   3% 2020
22,014   2019
(millions of DKK) Show More Show Less

Employees

6,734

Established

1731

Public

TRYG

 Subscribe to unlock this and 207,963
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 200K M&A Transactions
  • 203K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Tryg

Insurance Companies , Denmark Companies

Related Lists for Insurance Companies

Largest Insurance Companies , Acquisitive Insurance Companies , Recently Acquired Insurance Companies , Recently Sold Insurance Companies , Private Insurance Companies , Public Insurance Companies , Acquired Insurance Companies , PE Backed Insurance Companies

Related Lists for Denmark Companies

Largest Denmark Companies , Acquisitive Denmark Companies , Recently Acquired Denmark Companies , Recently Sold Denmark Companies , Private Denmark Companies , Public Denmark Companies , Acquired Denmark Companies , PE Backed Denmark Companies
Mergr

Product

Company

Legal