M&A Deal Summary

ERGO Italia Acquires Old Mutual Wealth Italy

On January 9, 2017, ERGO Italia acquired insurance company Old Mutual Wealth Italy from Old Mutual

Acquisition Highlights
  • This is ERGO Italia’s 1st transaction in the Insurance sector.
  • This is ERGO Italia’s 1st transaction in Italy.

M&A Deal Summary

Date 2017-01-09
Target Old Mutual Wealth Italy
Sector Insurance
Buyer(s) ERGO Italia
Sellers(s) Old Mutual
Deal Type Divestiture

Target

Old Mutual Wealth Italy

Milan, Italy
Old Mutual Wealth Italy SPA is an Italian insurance company specialised in the unit-linked market provides retail investment business solutions and products. The company was founded in 1997 and is based in Milan, Italy.

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Buyer(S) 1

Buyer

ERGO Italia

Milan, Italy

Category Company
Founded 1986
Sector Insurance
DESCRIPTION

ERGO Italia operates both life and non-life insurance products. ERGO Italia was founded in 1986 and is based in Milan, Italy.


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: 2017 M&A 1 of 1

Seller(S) 1

SELLER

Old Mutual

Pinelands, United Kingdom

Category Company
Founded 1845
Sector Financial Services
Revenue 13.6B GBP (2015)
DESCRIPTION

Old Mutual Ltd. is an international financial services company with expanding operations in life assurance, asset management, banking, and general insuarnce. Old Mutual was formed in 1845 and is based in Pinelands, South Africa.


DEAL STATS #
Overall 8 of 9
Sector: Insurance M&A 2 of 2
Type: Divestiture M&A Deals 8 of 8
Country: Italy M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-08 Rogge Global Partners

London, United Kingdom

Rogge Global Partners PLC is a provider of services to corporate and public pension funds, corporate entities, central banks, sovereign entities, endowments, and foundations. It manages separate client focused fixed income portfolios and hedge funds.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-02 Curo Fund Services

Cape Town, South Africa

Curo Fund Services is a fund administrator servicing more than R 3 trillion in assets on behalf of a wide range of financial services clients. Curo Fund Services was formed in 2012 and is headquartered in Cape Town, South Africa.

Sell -