M&A Deal Summary |
|
|---|---|
| Date | 2013-01-08 |
| Target | Mercantile Insurance |
| Sector | Insurance |
| Buyer(s) | Saham Finances S.A. |
| Deal Type | Add-on Acquisition |
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SAHAM Finances is an insurance group with operations in 26 countries across North, West and East Africa, and the Middle East. It predominantly writes personal lines general insurance business (exceeding 80% of its portfolio), but is in the process of diversifying this. SAHAM Finances has approximately 61 subsidiaries, a network of 700 branches and a staff complement of more than 3,000 people. SAHAM Finances has a leading market share in many of the markets in which it operates.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 6 |
| Sector (Insurance) | 2 of 6 |
| Type (Add-on Acquisition) | 2 of 4 |
| Country (Kenya) | 1 of 1 |
| Year (2013) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-06-27 |
LIA Insurance sal
Beirut, Lebanon LIA Insurance sal is a provider of life and general insurance services. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-06-16 |
CORAR AG LTD.
Kigali, Rwanda CORAR AG LTD. is a provider of insurance products and services for individuals, professionals, and enterprises. |
Buy | - |
