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Arthur J. Gallagher acquires Reck & Co, terms undisclosed

Arthur J. Gallagher (AJG) announced that its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired Bremen, Germany-based Reck & Co. Terms of the transaction were not disclosed. The Reck & Co. team, led by Franz Kasten and Marc Friedrich, will remain in their current location under the direction of Manan Sagar, head of Gallagher Bassett’s Europe, Middle East and Asia operations.

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