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  5. DPL Insurance Acquires Pacific Life

M&A Deal Summary

DPL Insurance Acquires Pacific Life

On May 10, 2016, DPL Insurance acquired insurance company Pacific Life

Acquisition Highlights
  • This is DPL Insurance’s 1st transaction in the Insurance sector.
  • This is DPL Insurance’s 1st transaction in New Zealand.

M&A Deal Summary
Date 2016-05-10
Target Pacific Life
Sector Insurance
Buyer(s) DPL Insurance
Deal Type Add-on Acquisition

Target

Pacific Life

Manukau City, New Zealand
Pacific Life Ltd. is a provider of life insurance policies. The company was founded in 1973 and is based in Manukau City, New Zealand.

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Buyer(S) 1

Buyer

DPL Insurance

Auckland, New Zealand
Category Company
Founded 1971
Sector Insurance
DESCRIPTION

DPL Insurance, underwriters and distributors of both life and general insurance products to the New Zealand consumer market. DPL Insurance Limited was founded in 1971 with the purpose of providing and administering innovative superannuation, insurance and other financial products for New Zealand personal and employee group customers.

DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: New Zealand M&A 1 of 1
Year: 2016 M&A 1 of 1
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