NCB Financial Group Limited (NCBFG) has announced the successful divestment of Thoma Exploitatie B.V., the insurance brokerage business of Guardian Group Fatum in the Netherlands.
This transaction, executed through Guardian Holdings Limited (GHL), a subsidiary of NCBFG, was finalized on January 24.
The shares of Thoma Exploitatie B.V. were sold to PIB Group Limited through a closed sale process, in line with Guardian Holdings Limited’s strategic focus on optimizing shareholder value.
In a statement, NCBFG disclosed that the Group expects to record a gain from this transaction. The sale aligns with the company’s broader objectives to streamline operations and focus on high-growth opportunities within its portfolio.
This move is part of NCBFG’s ongoing commitment to refining its business model, ensuring sustainable growth, and delivering enhanced returns to shareholders.
