Transaction

Sale of the subsidiary company of Grupo Nortia to Trust Risk Group

Role:

Financial advisor to the seller

Year: 

N/A

Client:

Trust Risk Group

Description

GBS Finance advised on the sale of the subsidiary company of Grupo Nortia Cicor Internacional to Trust Risk Group SpA, a leading insurance company in Italy. Cicor is one of the leading insurance brokerages in Spain. This transaction is part of the objective of the Italian company to expand internationally with the acquisition of specific leading companies in its markets, and will allow Cicor to strengthen in the Spanish and international market.