Georg Duncker Expands with Acquisition of Greek Brokers
Deal News | Jun 25, 2025 | CEE Legal Matters
Georg Duncker, a European marine insurance brokerage, has acquired Fortius Risk Solutions and National Insurance Brokers, both established marine insurance intermediaries in Greece. The acquisition was facilitated by Bernitsas, a law firm, which advised Georg Duncker during the transaction. Key legal professionals involved from Bernitsas included Partners Lambros Belessis and Evi Kitsou, Counsel Maria Kloni, and Senior Associate Anastasia Kaiara. The financial details of the acquisition have not been disclosed. Bernitsas has not provided any comments following an inquiry regarding the transaction.
Sectors
- Insurance
- Legal Services
- Mergers & Acquisitions
Geography
- Greece – The transaction involves Fortius Risk Solutions and National Insurance Brokers, both based in Greece.
- Europe – Georg Duncker, the acquiring company, is described as a European entity, highlighting its operations within the European market.
Industry
- Insurance – The article revolves around the acquisition within the marine insurance sector, highlighting the operations of Georg Duncker and the Greek firms, Fortius Risk Solutions and National Insurance Brokers.
- Legal Services – The involvement of the Bernitsas legal team as advisors in the acquisition signifies the role of the legal services industry in the transaction.
- Mergers & Acquisitions – The article discusses a merger and acquisition (M&A) where Georg Duncker acquires Fortius Risk Solutions and National Insurance Brokers.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Georg Duncker | Buyer | Company | A European marine insurance broking group acquiring Greek intermediaries. |
| Fortius Risk Solutions | Target Company | Company | A Greek-based intermediary active in the marine insurance sector, acquired by Georg Duncker. |
| National Insurance Brokers | Target Company | Company | Another Greek-based intermediary in the marine insurance sector, also acquired by Georg Duncker. |
| Bernitsas | Legal Advisor | Company | The law firm advising Georg Duncker on the acquisition deal, featuring key partners and associates. |