Polish insurance broker Unilink to buy 80% shares in Romanian market leader Safety Broker
SAFETY Insurance Broker, the largest insurance broker in Romania and the Republic of Moldova, agrees to sell 80% shares to the UNILINK Group, the largest insurance broker in Poland.
After the deal, Viorel VASILE - the founder and main shareholder of Safety Broker will continue to hold 15% in the company, while Robert NITA - the company's chief legal officer, will keep 5%.
At the same time, Viorel VASILE will maintain his CEO position after the deal.
www.1asig.ro wrote that, after the completion of the transaction, the company's BoD will consist of 3 SAFETY Broker representatives (Viorel VASILE, Robert NITA and Cati STOICAN) and 2 UNILINK representatives (Igor RUSINOWSKI and Aleksandra FRIEDEL).
In September, Unilink took over the largest Bulgarian player, I&G Insurance Brokers, also buying an 80% stake.
Author: Andrei Victor
Comment this article