Vienna Insurance Group acquisition of BTA Baltic Insurance Company

1/7/2015
Private acquisition, Demerger

Completed

1/7/2015


Overview:

  • The Vienna Insurance Group completed the acquisition of the BTA Insurance Company's operations in Latvia, Lithuania and Estonia, which had been spun-off from the parent group five months earlier in July 2015 into the BTA Baltic Insurance Company.
  • Following the sale, the parent company continues to offer non-life insurance services in Germany, France, Spain, Poland, Italy and the United Kingdom.

Jon Moore - Journalist

Jurisdictions:

Austria
Estonia
Latvia
Lithuania

Deal types:

Private acquisition
Demerger

Practice area:

M&A

Industry sector:

Insurance


Firms:

Party: BTA Insurance Company (Parent company)


Party: BTA Insurance Company (Parent company)


Party: Vienna Insurance Group (Acquirer)

Lawyer: Leho Pihkva


Party: BTA Insurance Company (Seller)

Lawyer: Gints Vilgerts