GENERALI completed acquisition of Union Investment TFI S.A. in Poland

GENERALI finalized the completion of the transaction with German Group Union Asset Management Holding AG to acquire Union Investment TFI S.A. in Poland. GENERALI has received the required approvals from all relevant regulatory bodies and competition authorities.

The Italian Group entered into the agreement to acquire a 100% stake in the Polish asset management company Union Investment TFI S.A. in October 2018.

Union Investment TFI is Poland’s 6th largest asset management company with EUR3.3bn of assets under management. It has a client base of approximately 135,000 retail investors and 550 institutional investors and boasts a broad range of fund products across equities, fixed income and absolute return. Union Investment TFI has its own internal fund manufacturing capabilities as well as other investment solutions…


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