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.
- Industry
- Telecommunications
- Location
- South Korea
- Transaction Type
- Buyout
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