Uniqa Completes Sale of Mannheimer Group

Businessn.a. ♦ Published: June 29, 2012; 17:13 ♦ (Vindobona)

The Austrian insurance group Uniqa completed the sale of the Frankfurt listed company Mannheimer AG Holding to Continentale Versicherungsverbund. Growth in CESEE countries should be strengthened.

Uniqa Completes Sale of Mannheimer Group / Picture: © Uniqa Group

This transaction is a step in the implementation of Uniqa´s growth strategy: The Group is aiming to double the number of its customers from 7.5 million in 2010 to 15 million in 2020 and to improve its earnings by up to € 400m between 2010 and 2015. In order to achieve these goals, Uniqa is concentrating on its core business in its core markets of Austria and CEE. Above all, Uniqa…