Value Management & Research AG (DB:VMR1) entered into share purchase agreement to acquire mitNORM GmbH on November 26, 2021. In a first step, 25% of the shares in mitNORM GmbH will be transferred to the buyer before the end of 2021 and the remaining shares by the end of 2022. The buyer in the context of a management buyout is a group of executives and employees of mitNorm GmbH as well as an investor.

With the completion of the share purchase agreement, Value Management & Research AG will no longer hold any stake in the insurance brokerage segment.