a.s.r. acquires VKG shares
ASR Nederland N.V. (a.s.r.) will acquire all shares in Van Kampen Groep (VKG) from Hoorn as of 01-01-2015. The intermediary services provider will continue to operate independently from its home base in Hoorn.
The acquisition will allow VKG to pursue its ambitious plans for the future. VKG keeps the records of more than 3,000 financial advisers in the Netherlands and works in partnership with over 150 financial institutions.
Paul Boon, member of the Managing Board of VKG: 'We are pleased that we will be able to further strengthen our role in the Dutch market. The acquisition gives us the opportunity to further invest in improving, broadening and innovating our range of services. Together with the knowledge and expertise we have accumulated over more than 65 years , the acquisition will help us to be of great added value to intermediaries and service providers in the future as well.’
Karin Bergstein, member of the Executive Board of a.s.r.: ‘We are investing in a successful and profitable business with a good outlook. We are confident that, going forward, VKG will continue to play a key role in the rapidly changing distribution landscape. As far as we are concerned, VKG will do so as an independent operator.’
Any existing agreements between VKG and its partners will remain intact. The acquisition of VKG will not affect its headcount. VKG's employees will continue to operate from the current VKG building in Hoorn. The transaction price will not be disclosed.