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Announced

Completed

Howden completed the acquisition of NORTH from Polaris.

Synopsis

Howden, an insurance brokerage and advisory services company, completed the acquisition of NORTH, an independent advisory group within corporate insurance and pensions, financial procurement, and mortgage financing, from Polaris, a company that invests in partnerships with owners and management teams, enabling mid-sized companies in the Nordics to reach their full potential. Financial terms were not disclosed. “I am thrilled to welcome NORTH to the Howden family. This partnership stands as a testament to the power of our cultural affinity and the strong desire of the management to join our company. Together, we will continue to scale the business that will in time include reinsurance and other specialty lines, whilst accelerating the impressive growth in the business to date. This is our largest acquisition in Continental Europe after Italy’s Assiteca and shows not only the scale of our ambition, but also the compelling opportunity that Howden offers to the right companies with the right culture,” Luigi Sturani, Howden Europe CEO.

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