PIB Group completed the acquisition of Tractio.

PIB Group, an insurance broker, completed the acquisition of Tractio, an insurance company. Financial terms were not disclosed. “Tractio is a fantastic new addition to PIB Group. I’d like to give a very warm welcome to Iñigo, Rafael and their team who represent this flexible, young and dynamic business. Their skillset, culture and clear customer focus make them an obvious match for us,” Brendan McManus, PIB Group CEO.