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Arthur J. Gallagher acquires stake in Hesse & Partner AG and Hesse Consulting

Published 11 June 2018

Arthur J. Gallagher has acquired a majority stake in Zurich, Switzerland-based Hesse & Partner AG and Hesse Consulting.

Terms of the transaction were not disclosed. Founded in 1997, Hesse is a commercial property/casualty broker and consultant offering coverages and risk advisor services primarily to industrial, manufacturing and construction clients with a particular specialism in the waste-to-energy industry.

Guido Hesse, Tanja Jung and their associates will continue to operate from their Zurich location under the direction of Vyvienne Wade, head of Gallagher's overseas division.

Arthur J. Gallagher chairman, president and CEO J. Patrick Gallagher, Jr. said: "Hesse brings us an outstanding team of specialists in the growing waste-to-energy industry and positions us for further growth in the region.

"I am pleased to welcome Guido, Tanja and their associates to our growing Gallagher family of professionals."

Source: Company Press Release