Fiatc Seguros, a Spain-based mutual insurance company, acquired a majority stake in IPRESA, also based in Spain, for an undisclosed consideration.

IPRESA, based in Donostia-San Sebastián, is a health insurance company, which also owns the Arrasate Medical Center.

The acquisition is part of Fiatc Seguros' growth strategy in the health insurance sector.

PKF Attest acted as financial and legal advisor to the sellers.

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