MLP in negotiations to acquire RVM

Wiesloch, January 07, 2021 – MLP is involved in promising negotiations to acquire RVM Versicherungsmakler GmbH & Co. KG. MLP intends to acquire the company and its key subsidiaries. The contract could be concluded in the first quarter of 2021.

A possible deal would allow MLP to strategically expand its market position in the field of commercial and industrial insurance. In the last few years, acquisitions of FERI, DOMCURA, DEUTSCHLAND.Immobilien and TPC have helped the MLP Group to successfully establish and develop its business with corporate clients in the field of occupational pension provision, with institutional investors, as well as with brokers in the market. If the possible transaction is successful, the mid-term objective will be to also assume a significant position in the field of commercial and industrial insurance together with RVM. To this end, MLP is focussing on further acquisitions in a heavily fragmented competitive environment.

With its business model, which has proven successful over many years, RVM concentrates on medium-sized clients. Around 200 employees serve more than 2,500 companies in this segment. If the deal goes ahead, RVM will remain as a brand and company with its current management. The focus will then be on expanding its business with the financial strength of the MLP Group. There is also further business potential with other parts of the MLP Group, for example with clients serviced by MLP in occupational pension provision. Following the potential takeover, RVM and its approximately 200 employees would continue to support its clients in the same way.

However, it remains to be seen whether the acquisition will actually go ahead and, if so, under which conditions. Among other things the process is also dependent on gaining the necessary approvals from the respective management bodies.