SUDVERS acquires company pension specialist, PBG, and expands its national and international service portfolio

Specialist for company pension schemes and working time accounts, PBG Pensions-Beratungs-Gesellschaft mbH located in Idstein becomes part of the SUDVERS. The acquisition expands the existing service portfolio of SUDVERS in the area of company pensions and employee benefits and strengthens the special service area with proven expertise in actuarial mathematics, accounting, labor and social security law with respect to company pensions and working time accounts as well as the implementation of company benefits.

PBG Pensions-Beratungs-Gesellschaft mbH has been a successful management consultancy, advising national and international companies of all sizes on company pension schemes and working time accounts for more than 35 years. “Due to its market focus, PBG is the perfect addition to our company pension and employee benefits service area.”, said Florian Karle, managing shareholder of the international insurance and risk experts, SUDVERS, expressing his pleasure over the acquisition. Retroactive to 2021/01/01, more than 20 actuaries, lawyers, business economists and IT specialists from the Idstein site will bring reinforcement to colleagues at SUDVERS Vorsorge GmbH in Au bei Freiburg and Profion GmbH in Munich. Outlining the joint future, SUDVERS CEO, Ralf Bender, says, “Beyond the internationalisation efforts, we are united by the common goal of growth. In the next few years, the company pensions and employee benefits division, will grow from around 70 to 100 employees and be firmly rooted internationally. SUDVERS has many years of experience with SUDVERS International und WBN – Worldwide Broker Network, which will benefit the internationalisation.”

The previous shareholders, Heide Engelstaedter and Hartwig Kraft, will stay on as management and bring decades of experience to the new structure. “We are very happy about the new opportunities that PBG will have with SUDVERS. Especially with respect to international business; we can benefit greatly from SUDVERS’ know-how,” says Heide Engelstaedter, signalling her satisfaction. Under the umbrella of SUDVERS, PBG will remain true to its area of expertise. For over 30 years, PBG has been the specialist in the areas of company pension schemes and working time accounts. Hartwig Kraft is looking forward to a merger on an equal footing. “We will continue to exist as PBG, with our expertise and our special services. This is a very important signal for the employees and the Idstein site. In so doing, PBG will be responsible for all questions relative to the conception and foundation to the organization and external processing of company pension schemes and working time accounts, with or without the integration of insurance components. With the 100% owned subsidiaries, PBG Finance & Service GmbH and PBG Zukunftsvorsorge Treuhand GmbH, as well as its own PBG Cloud for the secure exchange of data, PBG represents a modern and cost-efficient pension fund that makes sense in terms of human resources.”

Read and download the full press release here.