Gallagher acquires California agribusiness specialist broker

Arthur J. Gallagher & Co. on Monday said it has acquired Visalia, California-based Buckman-Mitchell Inc.

Terms of the transaction were not disclosed.

Buckman-Mitchell is a retail property/casualty and employee benefits agency and consultant specializing in commercial and agribusiness, Gallagher said in a statement. According to Buckman-Mitchell’s website, the company, which also has an office in Fresno, California, has more than 90 employees and placed more than $100 million in annual premium.

“As one of the largest brokers in California’s Central Valley, Buckman-Mitchell will enhance our already significant presence there,” said Gallagher Chairman, President and CEO J. Patrick Gallagher Jr. in the statement.

Gallagher also announced Monday that it has acquired Long Beach, California-based R.T. Beers & Co. Insurance Services Inc. According to a statement, the brokerage offers an exclusive group safety program for metal service centers.