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

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