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Baloise and Helvetia merge to form insurance giant

Apr 22, 2025•8 months ago

Acquiring Company

Baloise

Acquired Company

Helvetia

InsuranceFinancial ServicesInsurance

Description

Baloise and Helvetia have announced their merger, forming Helvetia Baloise Holding AG, the second-largest insurance company in Switzerland. This merger of equals aims to enhance efficiency and growth in the European insurance market, expecting annual synergies of around CHF 350 million. The combined entity will employ approximately 22,000 people across several countries, with some job cuts anticipated. Overall, the merger is set to significantly impact the insurance landscape in Switzerland.

Company Information

Company

Baloise

Location

21 Aeschengraben

About

Baloise is a prominent insurance and financial services provider in Switzerland. It offers various insurance services, including property, casualty, and life insurance. Baloise aims to provide comprehensive financial solutions to its clients. The company has a strong regional presence and a commitment to customer satisfaction.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed