Samsung Life Insurance has announced that it has acquired a 20% stake in Meridiam SAS.

Following this deal, Samsung Life Insurance will join the board of directors of the French company and also establish a business cooperation agreement. Samsung Life Insurance has become a 20% shareholder in Meridiam, which has extensive investment experience and knowledgeable executives in the infrastructure sector. Meridiam is a suitable strategic partner for Samsung Life Insurance's worldwide alternative investment expansion and invests in infrastructure projects in Europe and North America.

Additionally, Samsung Life Insurance noted that Meridiam is widely recognized as one of the top asset management firms in the global environmental, social, and corporate governance investment market.