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Dragon Capital plans to acquire the insurance company VUSO — Forbes

UA NEWS 03 June 2026 14:41
Dragon Capital plans to acquire the insurance company VUSO — Forbes

The investment firm Dragon Capital plans to acquire one of Ukraine’s leading insurance companies, VUSO.

Forbes Ukraine reports this, citing four sources in the financial and insurance sectors.

VUSO has been operating in the Ukrainian market since 2001 and specializes in auto, health, and travel insurance for private and corporate clients.

According to the publication, based on the results of the first quarter of 2026, VUSO ranked second among insurance companies in terms of net profit, which amounted to UAH 157.8 million.

One of Forbes Ukraine’s sources suggested that Dragon Capital is considering acquiring the insurance company with the intention of reselling it later. According to estimates, the value of the potential deal could range from $25 million to $35 million.

The ultimate beneficial owner of VUSO and chairman of the company’s supervisory board is Mykhailo Nazarchuk.

Source: Forbes Ukraine.

As a reminder, aluminum prices have risen to a four-year high due to the blockade of Iranian ports.

Aluminium Bahrain B.S.C. (Alba) of Bahrain has agreed to acquire Aluminium Dunkerque, the largest aluminum plant in the European Union. The deal could strengthen the Middle Eastern producer’s position in the European industrial market.
 

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