PIB Group Iberia has acquired Vitorinos Group, a non-life insurance broker in Portugal, marking PIB's strategic entry into the Portuguese insurance market.
Target Information
The Vitorinos Group is a non-life insurance brokerage based in Portugal, managing premiums totaling approximately 80 million euros. With a strong presence, the firm operates through a network of 16 offices across the country, providing insurance solutions tailored to a wide array of clients.
Acquiring the Vitorinos Group represents a strategic addition to PIB Group Iberia’s portfolio, allowing them to enhance their service offerings within the Portuguese insurance market while leveraging the existing expertise of the Vitorinos team.
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Industry Overview
The insurance industry in Portugal has demonstrated resilience and growth, characterized by a diverse range of offerings in both life and non-life segments. The cou
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PIB Group Iberia
invested in
Vitorinos Group
in 2025
in a Other deal
Disclosed details
Revenue: $80M