In 2017, we concluded the acquisition of a significant stake in Bluespec Holdings, a holding company, comprised of many specialist businesses in the motor insurance procurement value chain and motor industry. Among the well-known brands in the stable are FirstGroup, Renew It, Auction Nation and Daytona. WIPHOLD brings the experience, knowledge and skills to add value in the economic transformation initiatives and goals that Bluespec intends to deliver, supporting its value proposition to the short-term insurance industry.
Investment name: Bluespec
Rationale for the investment: to participate in the services sector through strategic investments.