Aegon to Acquire Robidus
As part of its strategic objective to expand its position in the income protection value chain, global insurer Aegon is announcing the acquisition of Robidus from Avedon Capital Partners. Based in Zaandam, Robidus offers a full range of income protection services to employers, including employee reintegration services, outsourcing services in the field of social security management, and social security legislation advisory services. Under the terms of the agreement, Aegon will acquire around 95% of the ~300-person company with the remainder to be retained by Robidus’s management team. Subject to approval, the transaction is expected to close by the end of the year.
“I’m pleased that we’ve reached an agreement to acquire Robidus. We’ve worked very successfully with Robidus for many years and with this transaction, Robidus can continue to invest in technology to further develop its income protection services. Together we aim to make Dutch employees work sustainably healthy and vital.” – CEO of Aegon the Netherlands, Maarten Edixhoven.