Acquisition Update - COBRA Completes Four Acquisitions
Acquisition Update - COBRA Completes Four Acquisitions - The Board of COBRA Holdings plc, a major UK-based retail and wholesale insurance broking group, is pleased to announce that it has acquired four businesses comprising of three insurance broking entities, Giles (Alton) Ltd ('Giles'), J.K. Lee Limited ('JKL'), G.D.K Insurance Services Limited ('GDK') and an underwriting agency, County Insurance Services Schemes ('CISS'). Giles is based in Hampshire, JKL is based in Manchester and GKD and CISS, which trade alongside each other, are based in Essex.
Acquisition - UK and Ireland Insurance
Acquisition - UK and Ireland Insurance - COBRA Holdings PLC, a UK-based retail and wholesale insurance broking group, today announces the acquisition of UKI Holdings Ltd (“UK & Ireland”) and its subsidiary, UK & Ireland Insurance Services Ltd, a Manchester-based general insurance brokerage specialising in Commercial insurance, in particular for the construction industry. COBRA will pay a total consideration of approximately £4.3 million.