Winterthur Group
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AXA Winterthur Group is a multinational insurance company. The original company named Winterthur was founded in Winterthur, Switzerland, in 1875. Until June 2006, Winterthur was a Credit Suisse (CS) subsidiary. Now, Paris-based AXA Insurance has entered into a definitive agreement to purchase Winterthur group from CS for approximately CHF 12 billion. From 2007 onward, AXA will be merging the companies. Due to the takeover, AXA Insurance will take over the brand name and general supervision of the company. Logo changes started to appear in Barcelona during January 2007.
Winterthur has subsidiaries in Germany, the United Kingdom, Belgium, the Netherlands, Hungary, Poland, the Czech Republic, the United States, Slovakia, Japan, Taiwan, Hong Kong, and Luxembourg. In addition, it has subsidiaries in Spain, although AXA are based in Madrid and Winterthur are based in Barcelona.
