PIB Group completed the acquisition of BHP Insurance from Melior Equity.

PIB Group, an insurance company, completed the acquisition of BHP Insurance, a Dublin-based broker, from Melior Equity, a private equity firm. Financial terms were not disclosed. "We are delighted that BHP and KMW have now joined the growing PIB team in Ireland. Collaborating with Melior Equity Partners over the past year and a half has delivered impressive results for our business and has also led to this very positive, strategic step of BHP partnering with PIB Group. This is great news for our customers and employees. With our specialism and dynamism we can contribute strongly to the growth of the business in Ireland and look forward to working with Campion Insurance to benefit from their success and scale in the Irish market. I’d like to thank the Melior team for their partnership, expertise and support. We are particularly pleased to have achieved this success with a local, Irish private equity partner," Martina Westphal, BHP Insurance Managing Director.