Acquisition of NEM Forsikring A/S
MHS Corporate Finance is excited to have acted as exclusive financial advisor to Gjensidige Forsikring on its acquisition of NEM Forsikring A/S.
Gjensidige Forsikring has acquired the Danish P&C Insurance provider NEM Forsikring. The acquisition will strengthen Gjensidige’s ability to generate profitable growth in Denmark as NEM Forsikring’s customer portfolio, partners and insurance products make a good strategic fit for Gjensidige. NEM offers P&C insurance products to both private and commercial customers in Denmark, both directly and through partners such as financial institutions, real estate agents and trade unions- offering an attractive growth potential for Gjensidige in Denmark.
For more information about the transaction, please visit here
About Gjensidige Forsikring ASA
Gjensidige Forsikring is a leading Nordic insurance group owned by the customers. The Group has been listed on the Oslo Stock Exchange since 2010 and for more than 200 years, they have worked passionately to secure the lives, health and assets of its customers. Gjensidige have approximately 3,400 employees and offer insurance products in Norway, Denmark, Sweden and the Baltic countries.
About NEM Forsikring A/S
NEM Forsikring is a locally established P&C insurance provider from Skanderborg in Denmark, which dated over 100 years back. The company has around DKKm 200 in insurance premium and 60 employees. NEM has succeeded with organic growth and been in the forefront of digital transformation. Results have been steadily improving over the past years.