M&A Deal Summary

Talanx Acquires L Union de Paris Cía. Argentina de Seguros S.A.

On April 5, 2011, Talanx acquired insurance company L Union de Paris Cía. Argentina de Seguros S.A.

Acquisition Highlights
  • This is Talanx’s 3rd transaction in the Insurance sector.
  • This is Talanx’s 1st transaction in Argentina.

M&A Deal Summary

Date 2011-04-05
Target L Union de Paris Cía. Argentina de Seguros S.A.
Sector Insurance
Buyer(s) Talanx
Deal Type Add-on Acquisition

Target

L Union de Paris Cía. Argentina de Seguros S.A.

Buenos Aires, Argentina
L'Union de Paris Cía. Argentina de Seguros S.A. is a provider of insurance solutions for people, their assets and their lives.

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Buyer(S) 1

Buyer

Talanx

Hanover, Germany

Category Company
Founded 1996
Sector Insurance
Employees29,000
Revenue 25.6B EUR (2024)
DESCRIPTION

Talanx is a provider of an insurance and reinsurance products and services worldwide. Talanx was founded in 1996 and is based in Hanover, Germany.


DEAL STATS #
Overall 3 of 4
Sector: Insurance M&A 3 of 4
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Argentina M&A 1 of 1
Year: 2011 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-05 L UNION de Paris Cia. Uruguaya de Seguros S.A.

Montevideo, Uruguay

L'UNION de Paris Cia. Uruguaya de Seguros S.A. is a provider of marine and motor insurance services. The company was founded in 1897 and is based in Montevideo, Uruguay.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-23 Liberty Sigorta A.S.

Boston, Massachusetts, United States

Liberty Sigorta A.S. is a provider of products and services such as marine, engineering, agriculture, commercial property insurances, also offers personal auto, homeowners and personal accident insurances customized to customer needs. Liberty Sigorta A.S. is based in Boston, Massachusetts.

Buy -