M&A Deal Summary

MedVida Acquires CNP Partners

On May 5, 2022, MedVida acquired insurance company CNP Partners from CNP Assurances

Acquisition Highlights
  • This is MedVida’s 1st transaction in the Insurance sector.
  • This is MedVida’s 1st transaction in Spain.

M&A Deal Summary

Date 2022-05-05
Target CNP Partners
Sector Insurance
Buyer(s) MedVida
Sellers(s) CNP Assurances
Deal Type Divestiture

Target

CNP Partners

Madrid, Spain
CNP Partners is a life insurance company domiciled in Spain specializing in savings products, which it distributes mainly through bancassurance agreements and intermediation channels in Spain and Italy. CNP Partners is based in Madrid, Spain.

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Buyer(S) 1

Buyer

MedVida

Madrid, Spain

Category Company
Sector Insurance
DESCRIPTION

MedVida is a Spanish life savings and annuity insurance company that specializes in helping insurers manage portfolios that are no longer strategic priorities for them, through both acquisition and reinsurance. MedVida is based in Madrid, Spain.


DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Divestiture) 1 of 1
Country (Spain) 1 of 1
Year (2022) 1 of 1

Seller(S) 1

SELLER

CNP Assurances

Paris, France

Category Company
Founded 1850
Sector Insurance
Employees5,429
Revenue 34.0B EUR (2020)
DESCRIPTION

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.


DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Divestiture) 1 of 1
Country (Spain) 1 of 1
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-04 Aviva - Life Insurance Businesses

London, United Kingdom

Aviva's Life Insurance Businesses provides a full range of insurance services.

Buy £462M