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J.C. Flowers completes Wefox Italia acquisition

J.C. Flowers completes Wefox Italia acquisition


Wefox Italia’s sale, which primarily involves its affinity distribution businesses with a strong emphasis on motor insurance, provides wefox with “additional financial flexibility and marks the successful completion of the group’s restructuring,” according to a company statement. The broader wefox group is now concentrating on building its market presence in the Netherlands, Austria, and Switzerland, having previously exited the German and Polish markets. 



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