Athora Netherlands Announces Completion of the Sale of ACTIAM
3 January 2022
Today Athora Netherlands N.V. (‘Athora Netherlands’) announces the completion of the sale of ACTIAM N.V. (‘ACTIAM’) to Cardano Group (‘Cardano’), which was announced in October 2021. The completion of the transaction follows the fulfilment of customary closing conditions, including obtaining the necessary regulatory filings and approvals and consultation of the works council.
The transaction is an important milestone in the execution of Athora Netherlands’ strategy to focus on pension solutions and further simplify the organisational structure. Going forward, Cardano will provide asset management services to the unit-linked business of Athora Netherlands as part of a long-term strategic partnership, as previously announced. The partnership will enhance the service and product offering to Athora Netherlands’ customers. Sustainability will remain key within the strategy of Athora Netherlands and the company will stay fully committed to its award-winning investment policies and practices.