Vienna Insurance completes acquisition of NÜRNBERGER

• Largest transaction in the company's history
• Diversification through the German market as a growth driver for the core CEE market

Having received all regulatory approvals, Vienna Insurance Group (VIG) completes the acquisition of NÜRNBERGER Beteiligungs-AG (Nürnberger).

Hartwig Löger, CEO and Chairman of the Managing Board of VIG, on the successful closing: "We are delighted that we managed to obtain the approvals faster than expected. We will contribute VIG's expertise to the strategic direction of Nürnberger and position it as a leading provider of biometric solutions also within our Group. With its strong brand, Nürnberger enriches our broad portfolio of companies and supports our sustainable growth strategy in the core CEE market via increased diversification through the German market."

In summer 2025, VIG announced that it was evaluating the acquisition of a majority stake in Nürnberger. Following a due diligence process, a voluntary public purchase offer for up to 100% of the share capital was made in October 2025. Upon completion, VIG holds 99.2% of the share capital and voting rights in Nürnberger.

Harald Rosenberger, CEO of Nürnberger, comments: "As part of Vienna Insurance Group, we will significantly accelerate our transformation into a prevention insurer - a strong positioning from which our customers, our sales partners and our employees will benefit. We very much look forward to starting our collaboration and taking the first joint steps."

As the leading insurance group in Central and Eastern Europe (CEE), VIG provides insurance services to more than 33 million customers through over 50 insurance companies and pension funds in 30 countries. Its business model is based on a multi-brand policy and local entrepreneurship - a strategic approach that goes hand in hand with securing locations and preserving the identity of the strong Nürnberger brand.