Prior Notification of Concentration - Case M.12343 VIG / NÜRNBERGER
Summary
The European Commission has published a prior notification of a concentration case (M.12343) involving VIG and NÜRNBERGER. This case is a candidate for the simplified procedure under EU competition law.
What changed
This document is a notification of a proposed business concentration (merger or acquisition) between VIG and NÜRNBERGER, filed with the European Commission. It is designated as a candidate for the simplified procedure, indicating that the transaction is likely to meet the criteria for expedited review under EU merger control regulations.
Companies involved in mergers and acquisitions that fall within the scope of EU merger control should be aware of this notification. While this specific notice is informational and does not impose new obligations, it signifies the initiation of a review process. Compliance officers should monitor the progress of Case M.12343 to understand potential precedents or procedural developments in EU merger reviews, particularly concerning the simplified procedure.
Source document (simplified)
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Prior notification of a concentration (Case M.12343 – VIG / NÜRNBERGER) – Candidate case for simplified procedure
Prior notification of a concentration (Case M.12343 – VIG / NÜRNBERGER) – Candidate case for simplified procedure
Prior notification of a concentration (Case M.12343 – VIG / NÜRNBERGER) – Candidate case for simplified procedure
PUB/2026/306
OJ C, C/2026/1935, 27.3.2026, ELI: http://data.europa.eu/eli/C/2026/1935/oj (BG, ES, CS, DA, DE, ET, EL, EN, FR, GA, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
ELI: http://data.europa.eu/eli/C/2026/1935/oj
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| | Official Journal
of the European Union | EN
C series |
| | C/2026/1935 | 27.3.2026 |
Prior notification of a concentration
(Case M.12343 – VIG / NÜRNBERGER)
Candidate case for simplified procedure
(Text with EEA relevance)
(C/2026/1935)
1.
On 18 March 2026, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1). This notification concerns the following undertakings:
| — | VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe (‘VIG’, Austria), controlled by Wiener Städtische Versicherungsverein – Vermögensverwaltung (Austria), |
| — | NÜRNBERGER Beteiligungs-AG (‘NÜRNBERGER’, Germany). |
VIG will acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of NÜRNBERGER.
The concentration is accomplished by way of a public bid announced on 16 October 2025 and through the purchase of shares under separate contracts on the same terms.
2.
The business activities of the undertakings concerned are the following:
| — | VIG: life insurance, non-life insurance and re-insurance with a focus on Eastern and Central Europe, |
| — | NÜRNBERGER: life insurance and non-life insurance and (minor activities in) re-insurance with a focus on Germany. |
3.
On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified treatment for certain concentrations under Council Regulation (EC) No 139/2004 on the control of concentrations between undertakings (2), it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.
4.
The Commission invites interested third parties to submit their possible observations on the proposed concentration to the Commission. Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:
M.12343 – VIG / NÜRNBERGER
Observations can be sent to the Commission by email or by post. Please use the contact details below:
Email: COMP-MERGER-REGISTRY@ec.europa.eu
Postal address:
| European Commission |
| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |
(1) OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).
ELI: http://data.europa.eu/eli/C/2026/1935/oj
ISSN 1977-091X (electronic edition)
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