JM Glendinning acquires 70% of shares in AS Green & Co
Tony Green, founder and managing director of AS Green, will stay with firm for at least three years following acquisition.
JM Glendinning Group has acquired 70% of the shares in AS Green & Co Insurance Brokers, Insurance Age can reveal.
AS Green, which was established in 1978, employs 13 people in its Scarborough office and writes £2.2m in gross written premium annually, according to JM Glendinning.
It added the business's founder and managing director, Tony Green, will stay with the firm for a minimum of 3 years to help it grow.
Nick Houghton, group managing director of JM Glendinning, said: "Tony and I have known
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