M&A Deal Summary

Societatea Asigurare - Reasigurare ASTRA S.A. Acquires Groupama S.A.

On April 1, 2008, Societatea Asigurare - Reasigurare ASTRA S.A. acquired insurance company Groupama S.A.

Acquisition Highlights
  • This is Societatea Asigurare - Reasigurare ASTRA S.A.’s 1st transaction in the Insurance sector.
  • This is Societatea Asigurare - Reasigurare ASTRA S.A.’s 1st transaction in France.

M&A Deal Summary

Date 2008-04-01
Target Groupama S.A.
Sector Insurance
Buyer(s) Societatea Asigurare - Reasigurare ASTRA S.A.
Deal Type Add-on Acquisition
Advisor(s) Altium Capital Ltd. (Financial)

Target

Groupama S.A.

Paris, France
Groupama S.A. provides general, life, and health insurance in France.

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Buyer(S) 1

Buyer

Societatea Asigurare - Reasigurare ASTRA S.A.

Bucharest, Romania

Category Company
Founded 1991
Sector Insurance
Employees1,823
DESCRIPTION

Societatea Asigurare - Reasigurare ASTRA S.A. provides insurance services for health and life in Romania.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: France M&A 1 of 1
Year: 2008 M&A 1 of 1