AbbeyAutoline reveals triple deal costs as turnover and profits slip in 2024
Northern Ireland broker AbbeyAutoline has revealed a bill of £1.47m for its three deals in 2024.
In July last year, the broker bought the customer books of Lisnaskea-based Martin Carey Insurance and of Downpatrick-based Down Insurance.
A filing at Companies House has revealed the costs were £324,000 and £343,000, respectively.
AbbeyAutoline went on to snap up Coleraine-based Wallace Insurance Brokers’ book in December, coming in at a cost of £798,000.
ResultsThe figures were revealed as the business confirmed turnover slipped 2% to £30.79m.
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