Wed, 07 Jun 2017 | MERGER
Moreland Insurance Brokers and Greenwood Insurance have merged in a bid to implement an ambitious and focused development strategy going forward.
Announcing the move, the Scottish firms said:
“Our long-established firms are coming together in a move that aims to strengthen our proposition to all stakeholders of both firms including customers, staff and insurer partners. We already share many insurer relationships and operate in similar geographic and commercial market sectors"
Andrew Weir, Greenwood Insurances Director, explained that the ethos, values, and business profile of each firm are an excellent fit and should allow them to capitalise on their strengths.
“This new chapter will see us become a leading independent insurance broker in Scotland and will strengthen our proposition in key sectors including Scottish SMEs/small corporate businesses and charities/not for profits across the UK,” he said.
The merger is expected to take effect from 1 June 2017. Greenwoods is now the sole regulated entity, while all staff will continue in their existing roles. The deal price was not disclosed.
Subscribe to Business Sale Report here
This well-established company, known for its exceptional services and high client retention, is now available for sale to stimulate further growth under new ownership.
This exceptional dental laboratory has been serving the community for over three decades, offering a comprehensive range of restorative and cosmetic products alongside general and emergency dental treatments at its on-site clinic. With advanced digit...
LEASEHOLD
The company works as an extension of its clients’ teams to streamline their IT infrastructure, minimise system downtime, and futureproof their technology to support ongoing development.
15
|
Sep
|
Future of Bristol sheet metal fabricator secured with acquisition | BUSINESS SALE
A longstanding sheet metal fabricator based in Bristol has b...
15
|
Sep
|
Materials handling firm acquires furniture skate manufacturer | BUSINESS SALE
BIL Group, a Wiltshire-based manufacturer of materials handl...
12
|
Sep
|
Leeds care home operator sold to new owner | BUSINESS SALE
Bond UK Limited, the company behind two care homes in Leeds,...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.