NNDKP has advised Safety Broker on the sale of 80% of the company’s shares to the Polish group Unilink.
Safety Broker is the largest independent insurance broker operating in Romania and in the Republic of Moldova.
According to NNDKP, “following the closing of the transaction, the minority stake will be held by Viorel Vasile (15% of shares), who will continue to act as CEO of the company and as a member of the board, and by Robert Nita (5% of shares), who will also continue to be on the board of the company.”
According to the firm, “this transaction is part of the long-term development strategy of Safety Broker, including through the exchange of experience and know-how between the company and a top international player in the field. Co-opting Unilink as a strategic partner will consolidate the company’s position, which is thus joining a strong group in CEE.”
NNDKP’s team included Partner Gabriela Cacerea and Managing Associate Madalina Panca.
NNDKP did not reply to our inquiry on the matter.