Solera Holdings, Inc. and MAPFRE S.A., the global insurer, announced the completion of the acquisition of CESVI (Center for Experimentation and Road Safety) Brasil by the two entities’ joint venture, Solera Technology Centre GmbH (STC). CESVI Brasil is an automotive research and experimentation center in Brasil, focused on providing insight, safety guidelines and transparency, including […]
Solera and Mapfre Joint Venture to Acquire CESVI Brazil
Solera Holdings, Inc. and MAPFRE S.A., the global insurer, announced that their existing joint venture, Solera Technology Centre GmbH (STC), has signed a definitive agreement to acquire CESVI (Center for Experimentation and Road Safety) Brazil. The acquisition is subject to closing conditions, including approval by the Brazilian competition regulatory authority. CESVI Brazil is an automotive […]