Arthur J. Gallagher [NYSE: AJG] reported that the company has inked a contract to buy 100% of the Bollington Wilson group. Bollington is an insurance broker specialist in the United Kingdom. The company currently has grown and has over 400 employees.
Additionally, After the acquisition, the business will operate under the United kingdom’s Gallagher retail division. Moreover, the CEO of the group Paul Moors will operate as the Chairman of Bollington under Gallagher.
“Bollington is an exceptional addition to the Gallagher family. Its pioneering soul and excellent history of development, both organic and through acquisitions, shows a technique and culture like our own, something that is profoundly imperative to us when making acquisitions. We welcome the group to our family.” said CEO of Arthur J. Gallagher