M&A Deal Summary

Allianz Acquires UnipolSai Property And Casualty Insurance Business

On March 18, 2014, Allianz acquired insurance company UnipolSai Property And Casualty Insurance Business from UnipolSai Assicurazioni for 440M EUR

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

M&A Deal Summary

Date 2014-03-18
Target UnipolSai Property And Casualty Insurance Business
Sector Insurance
Buyer(s) Allianz
Sellers(s) UnipolSai Assicurazioni
Deal Type Divestiture
Deal Value 440M EUR

Target

UnipolSai Property And Casualty Insurance Business

Italy
UnipolSai Property And Casualty Insurance Business comprises property and casualty insurance business which includes 729 agencies and 500 employees servicing 1.5 million customers in Italy.

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Buyer(S) 1

Buyer

Allianz

Trieste,, Italy

Category Company
Founded 1928
Sector Insurance
Employees589
DESCRIPTION

Allianz S.p.A. is a provider of insurance products and financial services. Allianz serves more than six million customers through a multi-channel network with approximately 2,200 insurance agents, 1,600 financial advisors, 1,500 bank branches of bancassurance partners and with the direct company Genialloyd.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Italy M&A 1 of 1
Year: 2014 M&A 1 of 1

Seller(S) 1

SELLER

UnipolSai Assicurazioni

Bologna,, Italy

Category Company
Sector Insurance
Employees9,890
DESCRIPTION

UnipolSai Assicurazioni S.p.A. is the multi-business insurance company of the Unipol Group, engages in Non-Life business, particularly in vehicle liability insurance.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Italy M&A 1 of 1
Year: 2014 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-22 Centro Medico Santagostino

Milan, Italy

Centro Medico Santagostino is a comprehensive network of outpatient clinics in Italy that combines high-quality private healthcare with affordable prices. CMS covers a wide range of practices, including dentistry, physiotherapy and psychotherapy, as well as offering specialist consultations, blood tests and image diagnostics. Centro Medico Santagostino was founded in 2009 and is headquartered in Milan, Italy.

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