Vienna Insurance Group - M&A Summary and Business Overview

InsuranceCompany

Vienna Insurance Group M&A Summary

Vienna Insurance Group has acquired 11 companies, including 1 in the last 5 years.

Vienna Insurance Group’s largest acquisition to date was in 2020, when it acquired Aegon NV - Central and Eastern European Business for $935M. Vienna Insurance Group has acquired in 9 countries. The Company’s most targeted sectors include insurance (91%) and financial services (10%).

Vienna Insurance Group Business Overview

Where is Vienna Insurance Group headquartered?

Vienna Insurance Group is headquartered in Vienna, Austria.

What is Vienna Insurance Group’s revenue?

Vienna Insurance Group disclosed revenue of 11,645M EUR for 2023 and 8,969M EUR for 2022.

How many employees does Vienna Insurance Group have?

Vienna Insurance Group has 30,130 employees.

What sector is Vienna Insurance Group in?

Vienna Insurance Group is an insurance company.

When was Vienna Insurance Group founded?

Vienna Insurance Group was founded in 1824.

M&A Summary

  • M&A Total Activity11
    • M&A Buy Activity11
  • Total Sectors Invested 2
  • Total Countries Invested 9
  • M&A Buy/Sell Connections 1

Vienna Insurance Group

Vienna Insurance Group AG

Schottenring 30,
Vienna, 1010
Austria,
+43 50 390 22000
www.vig.com

Vienna Insurance Group is well established in all lines of business and thus offers a comprehensive customer-oriented portfolio of products and services with around 50 Group companies and around 25,000 employees in 25 countries. Vienna Insurance Group was incorporated in 1824 and is headquarters in Vienna, Austria.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 10 1 - - - - 11
vol $935M $935M
Sell (0.0/yr) # - - - - - - 0
  11

Most Recent M&A

Company Date Value Type
Aegon NV - Central and Eastern European Business (CEE) 2020-11-29 935M EUR Divestiture
Budapest, Hungary
Seesam Insurance AS 2017-12-18 - Add-on Acquisition
Tallinn, Estonia · www.seesam.ee
Merkur Osiguranje d.d. 2017-10-30 - Add-on Acquisition
Zagreb, Croatia · www.merkur.hr
BTA Baltic Insurance Company AAS 2016-08-24 - Add-on Acquisition
Riga, Latvia · www.bta.lv
AXA Life Insurance S.A. 2016-08-04 - Divestiture
București, Romania
AXA Nezivotno Osiguranje a.d.o. 2016-07-07 - Divestiture
New Belgrade, Serbia · www.axa.rs
AXA zivotno osiguranje a.d.o 2016-07-07 - Divestiture
Novi Sad, Serbia
UBB-AIG 2016-01-05 - Add-on Acquisition
Sofia, Bulgaria
Baltikums AAS 2015-07-29 - Add-on Acquisition
Riga, Latvia
Finsaltas 2015-06-12 - Add-on Acquisition
Vilnius, Lithuania · www.finsaltas.lt
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 10 (91%) 935M (100%) - -
Financial Services 1 (9%) - - -
Total 11 $935M - -

By Geo

State/Country Buy Value Sell Value
Latvia 2 - - -
Serbia 2 - - -
Bulgaria 1 - - -
Croatia 1 - - -
Estonia 1 - - -
Hungary 1 935M - -
Lithuania 1 - - -
Macedonia 1 - - -
Romania 1 - - -
Domestic - - - -
Cross-border 11 (100%) 935M (100%) - -
Total 11 $935M - -

Deal Values

buy # Total
$100M to $1B 1 $935M
TOTAL $935M
Largest Aegon NV - Central and Eastern European Business (CEE)
$935M (2020-11-29)

M&A Connections

Deals
Acquired from
Strategic(s)
36%
4 (36%)

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Insurance Companies , Austria Companies