Divestiture • Insurance

MedVida Acquires CNP Partners

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

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

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M&A Deal Summary

Date May 5, 2022
Target CNP Partners
Sector Insurance
Buyer(s) MedVida
Sellers(s) CNP Assurances
Deal Type Divestiture

Target Company

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 Overview 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 Context for Buyer #
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 Profile 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 Context for Seller #
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
2022-02-01 New Suez

Paris, France

New Suez includes Suez's Water and Recycling & Recovery activities in France, international assets in Italy, Central Europe, Africa including Morocco, Central Asia, India, China and Australia, as well as global digital and environmental activities,

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