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Markel Group and Valor Environmental Announce Majority Investment in Valor
MKLMarkel (MKL) Prnewswire·2024-06-25 13:00

RICHMOND, Va., June 25, 2024 /PRNewswire/ -- Markel Group Inc. (NYSE: MKL) and Valor Environmental announced today that they have entered into a definitive agreement for Markel Group to acquire a majority interest in Valor and its related operating companies. The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2024. Additional terms were not disclosed. Markel Group's expansion into new industries began nearly two decades ago, building upon the financi ...