M&A Deal Summary

Fosun International Acquires Frankfurter Lebensversicherung

On September 17, 2015, Fosun International acquired insurance company Frankfurter Lebensversicherung

Acquisition Highlights
  • This is Fosun International’s 3rd transaction in the Insurance sector.
  • This is Fosun International’s 1st transaction in Germany.

M&A Deal Summary

Date 2015-09-17
Target Frankfurter Lebensversicherung
Sector Insurance
Buyer(s) Fosun International
Deal Type Add-on Acquisition

Target

Frankfurter Lebensversicherung

Bad Homburg , Germany
Frankfurter Lebensversicherung specializes as consolidation platform for the efficient management of life insurance companies and portfolios in Germany. Frankfurter Lebensversicherung is based in Bad Homburg, Germany.

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Buyer(S) 1

Buyer

Fosun International

Hong Kong, China

Category Company
Founded 1992
Sector Diversified
Employees104,000
Revenue 192.1B CNY (2024)
DESCRIPTION

Fosun International is a diversified holding and investment firm spanning insurance, industrial operations, investments and assets management. Fosun mainly invests in sectors that would significantly benefit from China's growth momentum, such as consumption and consumption upgrade, financial services, resources & energy, and manufacturing upgrade, with a view to participating in the rapid development of China's economy. Fosun International was founded in 1992 and is based in Shanghai, China.


DEAL STATS #
Overall 7 of 8
Sector: Insurance M&A 3 of 3
Type: Add-on Acquisition M&A Deals 5 of 6
Country: Germany M&A 1 of 1
Year: 2015 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-07 AmeriTrust Group

Southfield, Michigan, United States

AmeriTrust Group is a provider of specialty risk management solutions for agents, professional and trade associations, and small to medium-sized insureds. Meadowbrook includes several agencies, claims and loss prevention facilities, self-insured management organizations, and six property and casualty insurance underwriting companies. AmeriTrust Group was founded in 1955 and is based in Southfield, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-05 Ironshore

Hamilton, Bermuda

Ironshore, Inc. is a provider of broker-sourced specialty property and casualty insurance coverages for varying risks on a global basis through its international platforms.

Sell -