CCV buys in South Wales
Cullum Capital Ventures (CCV) has acquired Hanbury Insurance, a personal and commercial lines broker in South Wales specialising in taxi insurance.
According to the company, all the current staff will be staying on board including the two directors Gareth Prowle and Janet Shaw. Hanbury Insurance will remain in its current premises in Bargoed, retain its name and become part of Motaquote, an existing CCV broker in South Wales.
CCV chief executive, Michael Rea, said: "We had a busy year in 2010 and 2011 will be no different on the acquisition front. This is our first deal of the year and we have a healthy pipeline.
"CCV already has a strong
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