Acquiring Company
Sanlam Group
Acquired Company
Santam
India
BellvilleFinancial ServicesFinanceFintechLendingBankingFinancial ServicesEmployee BenefitsInsuranceDescription
Sanlam is offering R505 in cash per scheme share to acquire the Santam minority shareholders, worth about R21.2 billion. A general meeting on 2 December 2026 will vote on the scheme, and irrevocable undertakings and support cover about 48.3% of scheme shares. If approved, Santam becomes wholly owned by Sanlam and its exchange listings end.
Who to call at Sanlam Group, and when
When Sanlam Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Sanlam Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Sanlam Group, from your own LinkedIn network
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Frequently asked
Who acquired Santam?
Santam was acquired by Sanlam Group, based in India. The deal was reported on November 3, 2026. Sanlam Group is a leading South Africa-based financial services group providing financial solutions across insurance, investment, and personal finance. Sanlam Group is privately held and operates in Financial Services.
When did Sanlam Group acquire Santam?
Sanlam Group's acquisition of Santam was reported on November 3, 2026. Sanlam is offering R505 in cash per scheme share to acquire the Santam minority shareholders, worth about R21.2 billion. A general meeting on 2 December 2026 will vote on the scheme, and irrevocable undertakings and support cover about 48.3% of scheme shares. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Santam do?
Santam is a short-term insurance specialist with a focus on providing a wide range of insurance services. It is dedicated to enhancing the customer experience through innovative solutions and partnerships. It is privately held, operating in Financial Services, and is based in Bellville.
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