According to a press release, the Vaudoise Insurance Group, based in Lausanne, has acquired a majority stake in Procimmo Group AG of Renens and now holds 92.27 per cent of the voting rights. Vaudoise Insurance has held a 20 per cent stake in the Procimmo Group since 2021 through its subsidiary Vaudoise Asset Management AG.
With the acquisition of Procimmo and that of Berninvest AG in 2017, Vaudoise has been able to further expand its real estate activities and, in the words of Jean-Daniel Laffely, CEO of the Vaudoise Group, become one of the key players in investment solutions. “This allows us to further expand an already strong growth area: real estate asset management for third parties,” Jean-Daniel Laffely is quoted as saying.
Procimmo sees potential for the group’s further development in the “support of an institutional investor that shares its values”; in particular, the subsidiary Procimmo SA stands to benefit from Vaudoise’s “solidity and long-term vision”. According to Arno Kneubühler, CEO of Procimmo SA, Vaudoise is regarded as “the best owner after almost five years of partnership”. Vaudoise’s community roots and values guarantee stability and a sustainable vision. At the same time, Procimmo has the freedom to develop further “as an external platform with its own philosophy and leadership”.
The closing of the sale is scheduled for early July 2026, subject to prior approval from the relevant authorities.
