Add-on Acquisition • Insurance

Hexagon Studio Acquires Unico

On September 1, 2019, Hexagon Studio acquired insurance company Unico

Acquisition Context

This is Hexagon Studio’s 1st transaction in the Insurance sector.
This is Hexagon Studio’s 1st transaction in Turkey.

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M&A Deal Summary
Date	September 1, 2019
Target	Unico
Sector	Insurance
Buyer(s)	Hexagon Studio
Deal Type	Add-on Acquisition

Target Company

Unico

Istanbul, Turkey

Unico engages in the non-life insurance business in Turkey. The company is a provider of products, including fire, legal protection, health, motor and non-motor accident, liability, engineering, transport, and agricultural insurances. Unico was founded in 1988 and is based in Istanbul, Turkey.

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Buyer Overview 1

Buyer

Hexagon Studio

İzmit, Turkey

Category	Company
Founded	2005
Sector	Automotive
Employees	41,420

DESCRIPTION

Hexagon Studio is a provider in the design and engineering services to carry out turnkey solutions. Automotive, maritime, railway, agricultural and special-purpose machines are priority industries that we provide engineering services. Hexagon Studio was founded in 2005 and is based in ?zmit, Turkey.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Insurance	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Turkey	1 of 1
Year: 2019	1 of 1

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