EMF-Led Consortium Buying Aviva's Turkish Insurance Biz
March 26, 2014
A consortium led by EMF Capital Partners has agreed to acquire Aviva Sigorta, the Turkish general insurance business of Aviva. EMF Capital Partners is taking a majority position through its New Europe Insurance Fund; FMO and KfW DEG are each acquiring an equal minority stake in the transaction. Aviva Sigorta offers a range of personal and corporate insurance, including industrial fire, machinery breakdown and more.