Swiss Life Select expands in Slovakia

Swiss Life Select, a financial broker with Czech capital, is acquiring its smaller competitor MPS (Marek Dobiaš). Swiss Life Select’s revenues fell 40% to €12.4m in 2022–24 following the departure of 40% of its agents. In 1H, it responded by acquiring Sophistic Pro Finance agents (2024 revenues of €2.2m) and is now buying MPS (€3.4m). The purchase price was not disclosed.

(finsider.sk)