M&A Deal Summary

Athene Acquires Delta Lloyd Deutschland AG

On January 15, 2015, Athene acquired insurance company Delta Lloyd Deutschland AG from Delta Lloyd

Acquisition Highlights
  • This is Athene’s 4th transaction in the Insurance sector.
  • This is Athene’s 1st transaction in Germany.

M&A Deal Summary

Date 2015-01-15
Target Delta Lloyd Deutschland AG
Sector Insurance
Buyer(s) Athene
Sellers(s) Delta Lloyd
Deal Type Divestiture

Target

Delta Lloyd Deutschland AG

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

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Buyer(S) 1

Buyer

Athene

Hamilton, Bermuda

Category Company
Founded 2008
Sector Insurance
Employees1,983
Revenue 20.7B USD (2024)
DESCRIPTION

Athene is a life insurance holding company focused principally on the retirement market and whose business, through its subsidiaries, is focused primarily on issuing or reinsuring fixed and equity indexed annuities. Athene was formed in 2008 and is based in Pembroke, Bermuda.


DEAL STATS #
Overall 4 of 11
Sector: Insurance M&A 4 of 5
Type: Divestiture M&A Deals 3 of 3
Country: Germany M&A 1 of 1
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-02 Aviva USA

West Des Moines,, Iowa, United States

Aviva USA Corp. is a provider of indexed life insurance and indexed annuities.

Buy $1.6B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-10 Aegon Ireland

Dublin, Ireland

Aegon Ireland plc is a provider of wealth management and retirement planning products to over 25,000 customers in the United Kingdom and Germany.

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 2 of 2
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
Country: Germany M&A 1 of 1
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-16 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.

Sell €219M