Markel Group completed the acquisition of a 51% stake in Metromont.

Markel Group, a diverse financial holding company serving a variety of niche markets, completed the acquisition of a 51% stake in Metromont, a precast concrete manufacturer. Financial terms were not disclosed. "Our Metromont family is thrilled to partner with Markel. We feel blessed to have found a group that shares our same values that began 96 years ago with my grandfather, Captain Pennell. We could not be more excited about the future growth of our company as part of the Markel Ventures family," Rick Pennell, Metromont CEO.