Matson flags M&A as key to Gallagher growth strategy
Gallagher's UK business has reported 14% organic growth in Q1 2022 with EMEA CEO Simon Matson highlighting “advanced” deal discussions with a number of firms.
According to Matson the UK division “had a very strong quarter”.
Matson listed that UK retail delivered 10% growth and London Speciality, including its legacy UK-based Gallagher Re operations, achieved 17% growth.
Flagging the acquisition of motorcycle specialist Devitt Insurance he added: “M&A activity continues to be important element of our growth strategy.”
Continuing: “We are in advanced discussions with other UK firms and we expect to make further announcements in the coming months.”
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