Merger • Insurance

Induver Acquires Clover

On March 4, 2024, Induver acquired insurance company Clover

Acquisition Context

This is Induver’s 1st transaction in the Insurance sector.
This is Induver’s 1st transaction in Belgium.

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M&A Deal Summary
Date	March 4, 2024
Target	Clover
Sector	Insurance
Buyer(s)	Induver
Deal Type	Merger

Target Company

Clover

Ninove, Belgium

Clover is a local family brokerage, has shown rapid expansion to become a leading provider of B2B and specialised insurance products. Clover is based in Ninove, Belgium.

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Buyer Overview 1

Buyer

Induver

Antwerp, Belgium

Category	Company
Founded	1990
Sector	Insurance

DESCRIPTION

Induver is a well-established insurance broker serving commercial and corporate clients across Belgium. Induver was founded in 1990 and is based in Antwerp, Belgium.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Insurance	1 of 1
Type: Merger	1 of 1
Country: Belgium	1 of 1
Year: 2024	1 of 1

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