Deal

Acquisition of a majority shareholding of equitim by Apicil

In 2011, Apicil retained the former AEC team to lead its strategic acquisitions in Europe. The team implemented an opportunistic build-up strategy based on an in-depth analysis of the European life insurance market. These acquisitions helped Apicil multiply life insurance assets by 5x, and premiums by 3x, while folstering Unit-Linked (UC) share of AUM.

The Gimar & Co team helped Apicil in becoming the 4th largest player in French social protection