Shuker and Howden lift lid on A-Plan deal
The sale of A-Plan to Howden is believed to be valued at up to £700m.
The acquisition of A-Plan by Howden will create one of the largest UK brokers with a GWP of up to £4bn.
David Howden described the deal as “sustainable” and “long-term” and suggested that it would ensure another broker would “not become a casualty of private equity”.
Howden commented that the business is now of a scale to begin to challenge internationals such as Marsh beating off competition from challenger brokers.
“We also have an international footprint, who else has that reach?”
Shuker
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