Hogan Lovells advises AXA UK&I on acquisition of Ageas UK’s commercial business

The parties announced agreement on 15 February 2022, and the deal completed today. 

The Hogan Lovells team was led by London-based partner Nicola Evans, head of the firm’s insurance sector group, with support from senior associate Francesca Parker and associate Gaspare Chirillo in the corporate team and from the following lawyers:

• Michael Thomas, Rita Hunter and Paida Manhambara (Regulatory)
• Stefan Martin and Kathy Savage (Employment)
• Claire Southern and Charlotte Yeates (Pensions)
• Eduardo Ustaran, Nicola Fulford and Nick Westbrook (Data Protection)
• Victor Fornasier and Ellie Rees (Commercial) 
• Sahira Khwaja and Peter Elkin (IP)
• Elliot Weston and Adela Komorowska (Tax)
• John Salmon and James Sharp (IT)
• Steven McEwan and Hannah Marjoram (Insurance regulatory)
• Gill McGreevy (Real Estate)

Commenting on the transaction, Nicola Evans said: "We’re thrilled to have been able to advise long standing client AXA on this strategically important acquisition which will enable them to grow their commercial business and cement their commitment to the SME and Schemes market segments."