M&A Deal Summary

Cigna Acquires Vanbreda International BVBA

On August 31, 2010, Cigna acquired insurance company Vanbreda International BVBA

Acquisition Highlights
  • This is Cigna’s 3rd transaction in the Insurance sector.
  • This is Cigna’s 1st transaction in Belgium.

M&A Deal Summary

Date 2010-08-31
Target Vanbreda International BVBA
Sector Insurance
Buyer(s) Cigna
Deal Type Add-on Acquisition

Target

Vanbreda International BVBA

Antwerp, Belgium
Vanbreda International BVBA is an international global health service company. Vanbreda's main activities are insurance brokerage, risk management services and consultancy.

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Buyer(S) 1

Buyer

Cigna

Bloomfield, Connecticut, United States

Category Company
Founded 1792
Sector Healthcare Services
Employees71,295
Revenue 244.4B USD (2024)
DESCRIPTION
Cigna office in Pittsburgh, Pennsylvania.
Cigna office in Pittsburgh, Pennsylvania.

Cigna is a health services organization. Its insurance subsidiaries are major providers of medical, dental, disability, life and accident insurance. Cigna dates back to 1792 and is based in Bloomfield, Connecticut.


DEAL STATS #
Overall 6 of 14
Sector: Insurance M&A 3 of 6
Type: Add-on Acquisition M&A Deals 4 of 11
Country: Belgium M&A 1 of 1
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-26 Great-West Healthcare

Denver, Colorado, United States

Great-West Healthcare, is the healthcare division of Great-West Life & Annuity Inc.,, a Denver, Colorado-based, indirect, wholly owned subsidiary of Great-West Lifeco Inc. and a member of the Power Financial Corporation group of companies.

Buy $1.5B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-27 Firstassist Insurance Services

Sutton, United Kingdom

Firstassist Insurance Services Ltd. is a provider of healthcare insurance and related assistance operations that cater to the changing health and well being needs of businesses large and small individuals throughout their life stages.

Buy £71M