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HomeBankingNordea: Acquire SG Finans

Nordea: Acquire SG Finans

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Nordea: Acquire SG Finans

  • Nordea has entered into an agreement with Société Générale to acquire all shares in SG Finans
  • SG Finans Norwegian domiciled subsidiary of Société Générale and provides equipment finance
  • SG Finans has also 360 employees and operates in Norway, Denmark and Sweden
  • The acquisition of SG Finans fits well into Nordea’s priority to focus on core business in the Nordics
  • The acquisition supports Nordea’s new phase also to drive income growth initiatives, optimise operational efficiency
  • Nordea has also grown its operations on the Nordic core markets, including the acquisition of Norway-based Gjensidige Bank

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