Central boosts Aberdeen presence with strategic acquisition
Central Insurance has acquired long-established Aberdeen firm Collins Halden & Burnett in a £2.6m deal.
The takeover, financed by cash and shares, will boost Central’s premium placement into the UK insurance market to £51m, and ranks it among the top 15 independent brokers in the UK.
Founded in 1962, Collins Halden & Burnett is one of Aberdeen’s oldest surviving independent brokers and a specialist in the food and farming sec tors. Its 23 staff will transfer to Central’s main office, also in Aberdeen.
The two companies say the deal will take advantage of synergies in their work. Both Central and
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