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Arthur J. Gallagher & Co. Acquires Case Group

1. AJG acquired Brazil-based Case Group to enhance employee benefits services. 2. Case Group specializes in employee and health benefits brokerage in Brazil. 3. Team will operate under AJG’s existing management in Brazil. 4. Acquisition expands AJG's capabilities in a key Latin American market.

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FAQ

Why Bullish?

The acquisition denotes growth and strategic expansion in a lucrative market, reminiscent of past successful acquisitions by AJG that resulted in stock price increases.

How important is it?

The acquisition will likely improve AJG's service offerings and market share, making it a significant event for investors.

Why Long Term?

This acquisition will likely enhance AJG's market position in Brazil, contributing to long-term revenue growth, similar to historical expansions that succeeded in diversifying AJG's portfolio.

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, /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of São Paulo, Brazil-based Case Group. Terms of the transaction were not disclosed. Case Group is an employee and health benefits brokerage and consulting firm serving clients throughout Brazil. The Case Group team, led by Rafael Motta, will remain in their current location under the direction of Luiz Araripe, Country Manager of Gallagher's operations in Brazil. "Case Group's market expertise in employee and health benefits solutions will expand our capabilities in Brazil," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am excited to welcome Rafael and his associates to our growing, global team." Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants. SOURCE Arthur J. Gallagher & Co. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In Also from this source

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