Arthur J. Gallagher & Co. Acquires Krose GmbH & Co KG

Rhea-AI Summary

Arthur J. Gallagher & Co (NYSE:AJG) announced on Feb 26, 2026 the acquisition of Bremen, Germany-based Krose GmbH & Co KG. Terms were not disclosed. Founded in 1920, Krose offers commercial insurance and reinsurance solutions and specializes in designing and placing complex programs across Germany.

Krose's risk professionals across property, casualty, cyber, marine, D&O and alternative risk solutions will join Gallagher's brokerage operations in Europe, supporting Gallagher's expansion in Germany and broader European markets.

Positive

• Established German presence strengthened through acquisition of Krose (founded 1920)
• European expansion reinforced as Krose integrates into Gallagher's brokerage operations
• Broader product mix added: property, casualty, cyber, marine, D&O and alternative risk solutions

Negative

• Transaction terms undisclosed, leaving valuation and near-term financial impact unclear

ROLLING MEADOWS, Ill., Feb. 26, 2026 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Bremen, Germany-based Krose GmbH & Co KG ("Krose"). Terms of the transaction were not disclosed.

Founded in 1920, Krose provides commercial insurance and reinsurance solutions for corporate clients across Germany and specializes in the design and placement of complex programs. Krose's team of risk professionals across property, casualty, cyber, marine, D&O and alternative risk solutions will become part of Gallagher's brokerage operations in Europe.

"Krose is a highly regarded firm which brings deep market expertise to complement our existing capabilities as we continue to expand in Germany and across Europe," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am very pleased to welcome the Krose team to Gallagher."

Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.

Investor Relations: Sara Walsh, CFA	Media Relations: Paul Day
630-285-3593 / sara_walsh@ajg.com	630-285-5946 / paul_day1@ajg.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/arthur-j-gallagher--co-acquires-krose-gmbh--co-kg-302697435.html

SOURCE Arthur J. Gallagher & Co.

FAQ

What did Arthur J. Gallagher (AJG) announce about Krose on February 26, 2026?

AJG announced the acquisition of Bremen-based Krose GmbH & Co KG on Feb 26, 2026. According to the company, Krose will join Gallagher's European brokerage operations and bring specialized commercial insurance and reinsurance expertise to its Germany franchise.

How will the Krose acquisition affect AJG's presence in Germany and Europe?

The acquisition strengthens AJG's footprint in Germany and across Europe. According to the company, Krose's local team and product expertise will complement Gallagher's existing capabilities and support expanded brokerage operations in the region.

What business lines does Krose bring to Arthur J. Gallagher (AJG)?

Krose brings capabilities in property, casualty, cyber, marine, D&O and alternative risk solutions. According to the company, these specialties enhance AJG's ability to design and place complex commercial insurance and reinsurance programs in Germany.

Were the financial terms of AJG's acquisition of Krose disclosed?

No, the financial terms were not disclosed in the announcement. According to the company, the transaction was completed without public disclosure of purchase price or financial metrics, leaving valuation details unavailable.

When will Krose start operating as part of Gallagher's brokerage operations (AJG)?

Krose's team will become part of Gallagher's European brokerage operations following the acquisition announcement. According to the company, Krose professionals across multiple risk disciplines will integrate into Gallagher's Germany operations.