Gallagher buys Norwegian marine and energy broker
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Arthur J. Gallagher & Co. said Wednesday it has acquired Oslo, Norway-based Parisco AS.
Terms of the transaction were not disclosed.
Parisco, founded in 2001, is a marine and energy broker serving contractors, offshore service and passenger vessels, and shipping, exploration and production, and renewable energy clients.
The company’s website lists 12 employees. Parisco CEO and Claims Director Dag Magne Torjussen and his team will join Oslo-based Bergvall Marine, Gallagher's existing specialist marine broker in Norway, under the direction of Anders Mjaaland, managing director.
Rolling Meadows, Illinois-based Gallagher is the fourth largest broker of U.S business, according to the most recent Business Insurance ranking.
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