M&A

Below is a summary of the main acquisitions and sales carried out by Unipol.

Main transactions

2024  
Mergers  
Company Resulting company
Unipol Gruppo, UnipolSai Assicurazioni, Unipol Finance, UnipolPart I, Unipol Investment Unipol Assicurazioni
   
Acquisitions*  
CompanyStake acquiredOfferor
UnipolSai Assicurazioni14.8%Unipol Gruppo
2023  
Acquisitions  
CompanyStake acquiredAcquiror
Cronos Vita (ex-Eurovita)22.5%UnipolSai Assicurazioni
Banca Popolare di SondrioIncrease in stake held by UG and US up to 19.7%Unipol Gruppo
Santagostino (Società e Salute)100%UnipolSai Assicurazioni
   
Disposals  
CompanyStake soldSeller
Incontra Assicurazioni51%UnipolSai Assicurazioni
   
Mergers  
CompanyStake in the company resulting from the mergerMerging company
SIFA' (Società Italiana Flotte Aziendali)80%UnipolRental
2022  
Acquisitions  
CompanyStake acquiredAcquiror
Tantosvago75%UnipolSai Assicurazioni
UniCasa70%UnipolHome
I.Car100%UnipolSai Assicurazioni
   
Disposals  
AssetAsset soldAcquiror
UnipolReC non-performing loan portfolioEntire UnipolReC non-performing loan portfolioAMCO
2021  
Acquisitions  
CompanyStake acquirerAcquiror
Banca Popolare di SondrioIncrease in stake held up to 9.5%UnipolSai Assicurazioni
2019  
Acquisitions  
CompanyStake acquirerAcquiror
Banca popolare dell'Emilia RomagnaIncrease in stake held by UG and US (equal to 19.73% at 2019 year end)Unipol Gruppo e UnipolSai Assicurazioni
Non-performing loansTwo portfolios of non-performing loans, one from BPER Banca and one from Banco di SardegnaUnipolReC
Car Server**100%UnipolSai Assicurazioni
   
Disposals  
CompanyStake soldAcquiror
Unipol Banca100%BPER Banca
2018  
Acquisitions  
CompanyStake acquiredAcquiror
Banca popolare dell'Emilia RomagnaIncrease in the stake held in BPER by UG and US up to 15.1%Unipol Gruppo
   
Disposals  
CompanyStake soldAcquiror
Popolare Vita50% + 1Banco BPM
2016  
Acquisitions  
CompanyAsset acquiredAcquiror
UNA Hotels & ResortsGoing concern and real estate portfolio in hospitality businessAtahotels and Athens Fund
2014  
Disposals  
AssetAsset disposedAcquiror
Non-life insurance businessInsurance going concern from former Milano AssicurazioniAllianz
   
Mergers  
CompanyStake heldResulting company
Premafin, Milano Assicurazioni, Fondiaria-SAI, Unipol Assicurazioni63.41%UnipolSai Assicurazioni
2012  
Acquisitions  
CompanyStake held 
Premafin80%Through reserved capital increase

*Through a voluntary public tender offer made by Unipol for all the ordinary shares of UnipolSai excluding the shares already held by Unipol

**Now UnipolRental