Dublin-based Irish Life Group Ltd., a subsidiary of Winnipeg-based Great-West Lifeco Inc., announced on Tuesday that it has completed its acquisition of Dublin-based Aviva Health Insurance Ireland Ltd. as well as assumed full control of Dublin-based GloHealth Financial Services Ltd.

“Aviva and GloHealth will combine to create Irish Life Health — a new force in the Irish health insurance market — and grow their existing customer base of 420,000 customers,” says Paul Mahon, president and CEO of GWL, in a statement released Tuesday.

The transaction is a sign of the GWL’s commitment to ongoing growth in Ireland, he adds.

The firm initially announced the acquisition in March.

Great-West Lifeco Irish unit buys health insurer