Add-on Acquisition • Insurance

La Banque Postale Acquires CNP Assurances

On June 6, 2022, La Banque Postale acquired insurance company CNP Assurances

Acquisition Context
  • This is La Banque Postale’s 1st transaction in the Insurance sector.
  • This is La Banque Postale’s 2nd transaction in France.

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M&A Deal Summary

Date June 6, 2022
Target CNP Assurances
Sector Insurance
Buyer(s) La Banque Postale
Deal Type Add-on Acquisition

Target Company

CNP Assurances

Paris, France
CNP Assurances is a provider of life insurance and term creditor insurance, company provi Savings, Pensions, and Personal Risk products and services. CNP Assurances was founded in 1850 and is based in Paris, France.
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Buyer Overview 1

Buyer

La Banque Postale

Paris, France

Category Company
Founded 2006
Sector Financial Services
DESCRIPTION

La Banque Postale is a French postal bank provides services to over 10.8 million active private customers, as well as more than 400,000 customers businesses, professionals, social economy actors and local public sector bodies. La Banque Postale was founded in 2006 and is based in Paris, France.


Deal Context for Buyer #
Overall 2 of 2
Sector: Insurance 1 of 1
Type: Add-on Acquisition 2 of 2
Country: France 2 of 2
Year: 2022 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-28 KissKissBankBank

Paris, France

KissKissBankBank is a collaborative platform for funding innovative and creative projects. KissKissBankBank was founded in 2009 and is based in Paris, France.

Buy -

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