Gjensidige Forsikring ASA has agreed to acquire NEM Forsikring A/S in Denmark
Gjensidige Forsikring has agreed to acquire NEM Forsikring A/S (NEM), a P&C insurance provider in Denmark. The acquisition is subject to amendments in NEM’s articles of association and approvals from the Danish Financial Supervisory Authority and The Danish Competition and Consumer Authority. The acquisition is expected to be completed during the second half of 2021. The acquisition will strengthen Gjensidige’s ability to generate profitable growth in Denmark. NEM’s customer portfolio, partners and insurance products make a good strategic fit for Gjensidige. NEM offers P&C insurance