Divestment of Mandema & Partners to Van Lanschot Chabot by NN Group

Transaction
Van Lanschot Chabot acquired 100% of the shares in Mandema & Partners from NN Group. Rembrandt Mergers & Acquisitions advised NN Group in realizing this transaction.

Parties
Mandema & Partners, located in The Hague, is an independent insurance broker and consultant focused on medium sized and large corporate clients in the Netherlands. Its 145 employees advise clients on risk management, pensions, absenteeism and health management. More information is available on: www.mandema.nl.

Van Lanschot Chabot, located in Den Bosch, is also an insurance broker and consultant focused on risk management, pensions, absenteeism and health management. More information is available on: www.vanlanschotchabot.nl.

The combination
Together, Mandema & Partners and Van Lanschot Chabot employ more than 250 professional risk managers and insurance experts, who use their extensive knowledge and experience on risk management, pensions,absenteeism and health management to advise corporate clients. The combination of these companies results in one of the largest and strongest Dutch insurance brokerage and consultancy firms focused on SME and corporate clients. The companies, realizing joint revenues of more than € 40 million, have complementary activities and expect to realize significant synergies through this transaction.
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