Vienna Insurance Group (VIG), an insurance group in Central and Eastern Europe, has completed the previously announced acquisition of NÜRNBERGER Beteiligungs-AG.
The process began in the summer of 2025 when VIG announced it was considering the acquisition of a majority stake in NÜRNBERGER .
After concluding the due diligence process, VIG launched a voluntary public purchase offer in October 2025 for up to 100% of the share capital at an offering of EUR 120.00 in cash per share.
As of the closing, VIG holds 99.2% of the share capital and voting rights in Nürnberger.
Hartwig Löger, CEO and Chairman of the Managing Board of VIG, stated: “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.”
As part of the planned cooperation, VIG intends to support NÜRNBERGER in its strategic transformation toward becoming a prevention-focused insurer and to strengthen its role as an innovative provider of biometric products within the VIG network.
VIG will also assist with measures to retain key employees and managers, while granting access to its comprehensive training and development programs.
Harald Rosenberger, CEO of Nürnberger, commented: “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 employ
