M&A Deal Summary

Allianz Acquires Aviva Poland

On March 26, 2021, Allianz acquired insurance company Aviva Poland from Aviva for 2.7B EUR

Acquisition Highlights
  • This is Allianz’s 5th transaction in the Insurance sector.
  • This is Allianz’s 0th largest (disclosed) transaction.
  • This is Allianz’s 1st transaction in Poland.

M&A Deal Summary
Date 2021-03-26
Target Aviva Poland
Sector Insurance
Buyer(s) Allianz
Sellers(s) Aviva
Deal Type Divestiture
Deal Value 2.7B EUR

Target

Aviva Poland

Warszawa, Poland
Aviva Poland comprises Aviva’s interests in the life insurance business in Poland and Lithuania, and its Polish general insurance, asset management, and pensions businesses, including a portfolio of financial advice, digital distribution, and price comparison businesses. Aviva Poland is based in Warszawa, Poland.

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Buyer(S) 1

Buyer

Allianz

Munich, Germany
Category Company
Founded 1890
Sector Insurance
Employees157,883
Revenue 103.0B EUR (2023)
DESCRIPTION

Allianz is a provider of insurance and fund products to over 86 million customers in more than 70 countries. Company retail and corporate clients enjoy an extensive product selection in all insurance business lines, designed to protect them against any risks. Company are one of the leading property and casualty insurers and are among the top five companies in life and health insurance. Allianz was founded in 1890 and is based in Munich, Germany.

DEAL STATS #
Overall 8 of 8
Sector (Insurance) 5 of 5
Type (Divestiture) 5 of 5
Country (Poland) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-02 Euler Hermes Group SA

Paris, France

Euler Hermes Group SA is a provider of trade-related credit insurance​ solutions with more than 100 years of client support and responsiveness to changing business environments. The company offers business-to-business (B2B) clients financial services to support cash and trade receivables management. Its proprietary intelligence network tracks and analyzes daily changes in corporate solvency among small, medium and multinational companies active in markets representing 92% of global GDP. Headquartered in Paris, the company is present in 52 countries with 6,050 employees. Euler Hermes was formed in 1917 and is based in Paris.

Buy -

Seller(S) 1

SELLER

Aviva

London, United Kingdom
Category Company
Founded 1696
Sector Insurance
Employees26,382
Revenue 33.1B GBP (2023)
DESCRIPTION

Aviva provides various insurance, retirement, investment, and savings products. Aviva was founded in 1696 and is based in London, England.

DEAL STATS #
Overall 10 of 11
Sector (Insurance) 8 of 8
Type (Divestiture) 8 of 9
Country (Poland) 1 of 1
Year (2021) 3 of 3
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-04 Aviva - Life Insurance Businesses

London, United Kingdom

Aviva's Life Insurance Businesses provides a full range of insurance services.

Sell £462M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-02 Succession

Birmingham, United Kingdom

Succession is an independent wealth management business that provides wealth management and financial planning services to individual and corporate clients. The company also operates its own open-architecture platform, allowing a fully integrated wealth management process. Succession was founded in 2009 and is based in Birmingham, United Kingdom.

Buy £385M
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