Home > M&A deals 2021 > KBC Group NV acquires NN Group N.V. - Bulgarian Pension & Life Business
Divestiture · Insurance · February 2021

KBC Group NV acquires NN Group N.V. - Bulgarian Pension & Life Business

On February 11, 2021, KBC Group NV acquired NN Group N.V. - Bulgarian Pension & Life Business, an insurance company in Netherlands, from NN Group N.V.

Deal at a glance

AnnouncedFebruary 11, 2021 TypeDivestiture TargetNN Group N.V. - Bulgarian Pension & Life Business Buyer KBC Group NV Seller NN Group N.V. SectorInsurance LocationNetherlands ValueMembers only

Target company

NN Group N.V. - Bulgarian Pension & Life Business
Netherlands
Insurancesector
1944founded
Activestatus
View the company profile →

Buyer

KBC Group NV
Company · 6 deals on record
  • 1st transaction in insurance
  • 1st transaction in Netherlands
6deals, all time
1in this sector
2021latest

Seller

NN Group N.V.
Company · 4 deals on record
4investments
2in this sector
2exits

Members only

Contact details at the buyers and sellers
The full deal history of every party
Co-investors and the other advisors on this deal
Deal value and revenue or EBITDA multiples

Questions about this deal

Who acquired NN Group N.V. - Bulgarian Pension & Life Business?KBC Group NV acquired NN Group N.V. - Bulgarian Pension & Life Business on February 11, 2021.

Who sold NN Group N.V. - Bulgarian Pension & Life Business?NN Group N.V. was the seller.

What type of deal was it?It was a divestiture in the insurance sector in 2021.

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