NU in £120m buy to boost motor offering
Norwich Union Insurance has acquired HPI - independent provider of vehicle information - from Phoenix Equity Partners for £120m.
HPI provides vehicle status checks for used car purchases in the UK and is the market leader with around 60% market share and supports the company’s stated of strategy of growing its non-coreOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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