Henderson confirms John Reynolds deal

deal-hand-pen

Broker says all staff will be retained and commits to investing in the business.

Henderson Insurance Group has confirmed that it has bought John Reynolds Group for an undisclosed sum, as revealed by Insurance Age last week.

Henderson said that all staff will be retained and pledged to invest in the business.

It also revealed that the deal would enable Henderson to generate revenues in excess of £35m for the calendar year 2016.

Joint
The organisations are due to merge by 1 May and will be operated by joint managing directors Peter Hodgson and Paul Martin, both previously of

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