Munich Re’s Investment in CertX

Thouvenin Rechtsanwälte assisted Munich Re with the transaction.

Munich Re, the world’s leading reinsurance company headquartered in Munich, Germany, has acquired a stake in CertX AG, headquartered in the Canton of Fribourg, Switzerland, becoming its largest single shareholder.

Nearly 4 years after CertX was founded, this transaction represents an important milestone in CertX’s growth trajectory. Munich Re, with its 140-year track record and brand reputation, will support and accompany CertX in its next growth phase and international expansion.

CertX is an accredited certification and inspection body for functional safety and cybersecurity. It offers certification and inspection services for products, processes and management systems as well as training and personal certification. As part of its cooperation with CertX, Munich Re now offers a trustworthy artificial intelligence testing service.

The Thouvenin team was led by partner Markus Alder (Picture) and notably included senior associate Marzel Wyden.

Involved fees earner: Markus Alder – Thouvenin Rechtsanwälte; Marzel Wyden – Thouvenin Rechtsanwälte;

Law Firms: Thouvenin Rechtsanwälte;

Clients: Munich Re;

Federica Tiefenthaler

Author: Federica Tiefenthaler