Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed

HDI Global Insurance Company or HDI insures companies worldwide - through internationally coordinated insurance solutions, which also offer legal certainty. HDI is represented in more than 175 countries by numerous branches, subsidiaries and affiliates, as well as network partners.

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed
The Company Statement
April 03, 2025

German insurance company HDI Global has sold its business in Russia. The company had been part of the German insurance group for the past 15 years. According to SPARK, the Russian subsidiary came under the control of one of the partners of the consulting firm Russia Partners. A subsidiary of the German insurance company HDI Global SE has changed its name to SK Ganza. The rebranding was carried out after the insurer sold a 100% stake in the capital of the Russian subsidiary to an investor from Russia. According to SPARK, the deal was closed on February 19, 2025. German companies HDІ Global Network AG and HDI Global SE, which owned 99 and 1% of shares, respectively, sold the entire package to the CEO of Guardia Capital Partners LLC Dmitry Piskulov, who is also one of the partners of the consulting firm Russia Partners Advisors (he owns 10%).

April 18, 2025German insurance company HDI Global sells business in Russia
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