• TRANSACTION:
    Acquisition
  • DATE:
    March 2010
  • DEAL VALUE:
    EUR 336 million
  • PROCESS:
    Private auction
  • INDUSTRY:
    Financial services and real estate
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Acquisition of Nykredit

Gjensidige Forsikring BA is the fourth largest non-life insurance company in the Nordic region.

Nykredit Forsikring A/S has a market share of approx. 3% of the Danish non-life insurance market and realized a net profit of DKK 245 million in 2009.

After the acquisition of Nykredit Forsikring A/S Gjensidige Forsikring BA will reach a market share of approximately 6% in the Danish market and become a top five non-life insurance company in Denmark.

FIH PARTNERS has previously advised Gjensidige on the DKK 2 billion acquistion of Kommuneforsikring.