M&A Deal Summary

Anbang Insurance Group Acquires Delta Lloyd Bank S.A.

On December 16, 2014, Anbang Insurance Group acquired financial services company Delta Lloyd Bank S.A. from Delta Lloyd for 219M EUR

Acquisition Highlights
  • This is Anbang Insurance Group’s 1st transaction in the Financial Services sector.
  • This is Anbang Insurance Group’s 0th largest (disclosed) transaction.
  • This is Anbang Insurance Group’s 1st transaction in Belgium.

M&A Deal Summary
Date 2014-12-16
Target Delta Lloyd Bank S.A.
Sector Financial Services
Buyer(s) Anbang Insurance Group
Sellers(s) Delta Lloyd
Deal Type Divestiture
Deal Value 219M EUR

Target

Delta Lloyd Bank S.A.

Brussel,, Belgium
Delta Lloyd Bank Belgium focuses primarily on middle and high-end segment individual customers providing a comprehensive range of products and services, including deposits, investment products, asset management and lending.

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Buyer(S) 1

Buyer

Anbang Insurance Group

Chaoyang, China
Category Company
Founded 2004
Sector Insurance
DESCRIPTION

Anbang Insurance Group is one of the comprehensive groups companies in insurance business of China, presently provides services of property insurance, life insurance, health insurance, asset management, insurance sales agent and insurance broker.

DEAL STATS #
Overall 1 of 4
Sector (Financial Services) 1 of 1
Type (Divestiture) 1 of 3
Country (Belgium) 1 of 1
Year (2014) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-16 Athora Netherlands

Amstelveen, Netherlands

Athora Netherlands is a Dutch insurer that consists of a large number of well-known insurance brands: Zwitserleven, Reaal, Reaal Dier & Zorg, nowGo and the responsible asset manager ACTIAM. The company spreads its business over all the major subsectors of the insurance market, and leads the market for term life insurance products. Athora Netherlands was formed in 2014 and is based in Amstelveen, Netherlands.

Buy -

Seller(S) 1

SELLER

Delta Lloyd

Amsterdam, Netherlands
Category Company
Founded 1807
Sector Insurance
Employees5,030
Revenue 13.8B EUR (2014)
DESCRIPTION

Delta Lloyd offers products and services in insurance, pensions, investment, and banking, serving commercial and retail clients. The Company's three brands are Delta Lloyd, OHRA, and ABN AMRO Insurance.

DEAL STATS #
Overall 1 of 2
Sector (Financial Services) 1 of 1
Type (Divestiture) 1 of 2
Country (Belgium) 1 of 1
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-03 ZA Verzekeringen NV

Anvers,, Belgium

ZA Verzekeringen NV is a provider of insurance services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-15 Delta Lloyd Deutschland AG

Wiesbaden, Germany

Delta Lloyd Deutschland AG is a provider of life assurance and insurance products.

Sell -
Mergr

Product

Company

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