Business Moves: Arthur J. Gallagher Acquires Germany’s Reck & Co.; Howden Buys Polygon Insurance Brokers Ltd.; Clear Purchases Gauntlet and Shire Insurance Services
Arthur J. Gallagher Acquires Germany’s Reck & Co.Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based insurance brokerage, announced its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired Bremen, Germany-based Reck & Co GmbH. Terms of the transaction, which was announced on Feb. 2, were not disclosed.Reck & Co. is a specialist provider of global transport and marine claims services including surveying, claim handling, recovery and loss prevention. The Reck & Co. team, ...