Arthur J. Gallagher & Co. Completes its Acquisition of The Bollington Wilson Group

Rhea-AI Summary

Arthur J. Gallagher & Co. (NYSE: AJG) has successfully completed the acquisition of The Bollington Wilson Group, a specialized UK insurance broker. This strategic acquisition aims to enhance Gallagher's service offerings and expand its market presence in the UK. Gallagher, headquartered in Rolling Meadows, Illinois, operates in 49 countries, providing risk management and consulting services globally. The Bollington acquisition is expected to drive growth and strengthen Gallagher's competitive position in the insurance sector.

Positive

• Acquisition of Bollington strengthens market presence in the UK.
• Enhanced service offerings expected to drive growth.
• Strategic move to improve competitive positioning.

Negative

• None.

ROLLING MEADOWS, Ill., Feb. 8, 2021 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced that it has completed its acquisition of specialist UK insurance broker The Bollington Wilson Group ("Bollington").

Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. The company has operations in 49 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.

Investors:  Ray Iardella	Media:  Linda J. Collins
VP – Investor Relations	VP – Corporate Communications
630-285-3661/ ray_iardella@ajg.com	630-285-4009/ linda_collins@ajg.com
UK media contact:
Emma Banks, External Communications, Gallagher
+44 (0) 7894 158 605 emma_banks@ajg.com

 

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SOURCE Arthur J. Gallagher & Co.

FAQ

What is the significance of Arthur J. Gallagher's acquisition of Bollington?

The acquisition enhances Gallagher's service capabilities and market presence in the UK insurance sector.

When did Arthur J. Gallagher complete the acquisition of The Bollington Wilson Group?

The acquisition was completed on February 8, 2021.

How does the acquisition of Bollington affect AJG's market position?

The acquisition is expected to strengthen AJG's competitive position and expand its operations in the UK market.

What are the expected benefits of the Bollington acquisition for AJG?

Expected benefits include market expansion, synergies in service offerings, and potential revenue growth.