Assurant Acquires Remaining Stake in Olivar Co. Ltd.

June 16, 2021

Assurant has purchased the remaining shareholding in Olivar Co. Ltd., a South Korea–based provider of mobile device lifecycle management and asset disposition. The deal completes Assurant’s multi-year investment in Olivar and strengthens its Connected Living business by expanding device protection, lifecycle management and asset disposition capabilities in South Korea and the broader Asia Pacific region.

Buyers
Assurant, Inc.
Targets
Olivar Co. Ltd.
Location
South Korea
Transaction Type
Buyout

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