Egeria has completed its acquisition of AEGON‘s Dutch funeral insurance business for €212 million. Egeria is a Dutch investment group.
AEGON has completed the sale of its funeral insurance business in the Netherlands to Dutch investment firm Egeria for EUR 212 million. The sale was announced on February 1, 2010.
AEGON decided to sell the Dutch funeral insurance business as a result of the company’s ongoing review of its portfolio of businesses. The sale will bring greater focus to AEGON’s product range in the Netherlands.
As an international life insurance, pension and investment company based in The Hague, AEGON has businesses in over twenty markets in the Americas, Europe and Asia. AEGON companies employ approximately 28,000 people and have more than 40 million customers across the globe.