Aviva buys vehicle check group

Norwich Union owner Aviva expanded its services beyond insurance today by buying a firm that specialises in combating fraud in second-hand car sales.

Aviva buys vehicle check group
Mon, 16 Aug, 2004 - 17:29

Norwich Union owner Aviva expanded its services beyond insurance today by buying a firm that specialises in combating fraud in second-hand car sales.

It has agreed a £120m (€179m) deal with Phoenix Equity Partners to purchase HPI Group Holdings, which provides vehicle status checks for would-be buyers.

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CourtsBusinessHeathrowPlace: SalisburyPlace: WiltshirePlace: UKPerson: Patrick SnowballPerson: SnowballOrganisation: AvivaOrganisation: Norwich UnionOrganisation: Phoenix Equity PartnersOrganisation: HPI Group HoldingsOrganisation: HPI
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